Grayscale Digital Total Asset vs. Price To Sales
| GDLC Stock | USD 46.00 2.25 5.14% |
For Grayscale Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grayscale Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grayscale Digital Large utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grayscale Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grayscale Digital Large over time as well as its relative position and ranking within its peers.
Grayscale |
Grayscale Digital Large Price To Sales vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grayscale Digital's current stock value. Our valuation model uses many indicators to compare Grayscale Digital value to that of its competitors to determine the firm's financial worth. Grayscale Digital Large is rated # 2 in total asset category among its peers. It also is rated # 2 in price to sales category among its peers . The ratio of Total Asset to Price To Sales for Grayscale Digital Large is about 148,363,202 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Grayscale Digital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Grayscale Digital's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Grayscale Price To Sales vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Grayscale Digital |
| = | 173.85 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Grayscale Digital |
| = | 1.17 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Grayscale Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grayscale Digital. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Grayscale Digital position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Grayscale Digital's important profitability drivers and their relationship over time.
Use Grayscale Digital in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Grayscale Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Grayscale Digital will appreciate offsetting losses from the drop in the long position's value.Grayscale Digital Pair Trading
Grayscale Digital Large Pair Trading Analysis
The ability to find closely correlated positions to Grayscale Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grayscale Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Grayscale Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Grayscale Digital Large to buy it.
The correlation of Grayscale Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Grayscale Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grayscale Digital Large moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Grayscale Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Grayscale Digital position
In addition to having Grayscale Digital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Aggressive Funds Thematic Idea Now
Aggressive Funds
Funds or Etfs that attempt to achieve high capital gains by investing in companies with high growth potential and above average risk. The Aggressive Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aggressive Funds Theme or any other thematic opportunities.
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Other Information on Investing in Grayscale OTC Stock
To fully project Grayscale Digital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grayscale Digital Large at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Grayscale Digital's income statement, its balance sheet, and the statement of cash flows.