Osprey Bitcoin Trust Stock Market Value
| OBTC Stock | USD 31.55 1.31 4.33% |
| Symbol | Osprey |
Osprey Bitcoin 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Osprey Bitcoin's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Osprey Bitcoin.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Osprey Bitcoin on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Osprey Bitcoin Trust or generate 0.0% return on investment in Osprey Bitcoin over 720 days. Osprey Bitcoin is related to or competes with Grayscale Bitcoin, Grayscale Litecoin, Grayscale Digital, and Bitwise 10. Osprey Bitcoin is traded on OTC Exchange in the United States. More
Osprey Bitcoin Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Osprey Bitcoin's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Osprey Bitcoin Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.235 | |||
| Maximum Drawdown | 16.5 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 5.08 |
Osprey Bitcoin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Osprey Bitcoin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Osprey Bitcoin's standard deviation. In reality, there are many statistical measures that can use Osprey Bitcoin historical prices to predict the future Osprey Bitcoin's volatility.| Risk Adjusted Performance | 0.2046 | |||
| Jensen Alpha | 0.8718 | |||
| Total Risk Alpha | 0.3948 | |||
| Sortino Ratio | 0.2962 | |||
| Treynor Ratio | (1.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Osprey Bitcoin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Osprey Bitcoin Trust Backtested Returns
Osprey Bitcoin appears to be not too volatile, given 3 months investment horizon. Osprey Bitcoin Trust maintains Sharpe Ratio (i.e., Efficiency) of 0.29, which implies the firm had a 0.29% return per unit of risk over the last 3 months. By analyzing Osprey Bitcoin's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please evaluate Osprey Bitcoin's Semi Deviation of 2.01, risk adjusted performance of 0.2046, and Coefficient Of Variation of 368.82 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Osprey Bitcoin holds a performance score of 22. The company holds a Beta of -0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Osprey Bitcoin are expected to decrease at a much lower rate. During the bear market, Osprey Bitcoin is likely to outperform the market. Please check Osprey Bitcoin's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Osprey Bitcoin's historical price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
Osprey Bitcoin Trust has very good predictability. Overlapping area represents the amount of predictability between Osprey Bitcoin time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Osprey Bitcoin Trust price movement. The serial correlation of 0.82 indicates that around 82.0% of current Osprey Bitcoin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 19.75 |
Osprey Bitcoin Trust lagged returns against current returns
Autocorrelation, which is Osprey Bitcoin otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Osprey Bitcoin's otc stock expected returns. We can calculate the autocorrelation of Osprey Bitcoin returns to help us make a trade decision. For example, suppose you find that Osprey Bitcoin has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Osprey Bitcoin regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Osprey Bitcoin otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Osprey Bitcoin otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Osprey Bitcoin otc stock over time.
Current vs Lagged Prices |
| Timeline |
Osprey Bitcoin Lagged Returns
When evaluating Osprey Bitcoin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Osprey Bitcoin otc stock have on its future price. Osprey Bitcoin autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Osprey Bitcoin autocorrelation shows the relationship between Osprey Bitcoin otc stock current value and its past values and can show if there is a momentum factor associated with investing in Osprey Bitcoin Trust.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Osprey OTC Stock
Osprey Bitcoin financial ratios help investors to determine whether Osprey OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Osprey with respect to the benefits of owning Osprey Bitcoin security.