Grayscale OTC Stock Market Value

GBTC
 Stock
  

USD 8.98  0.09  1.01%   

Grayscale Bitcoin's market value is the price at which a share of Grayscale Bitcoin stock trades on a public exchange. It measures the collective expectations of Grayscale Bitcoin Trust investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Grayscale Bitcoin Trust and determine expected loss or profit from investing in Grayscale Bitcoin over a given investment horizon. Please check Grayscale Bitcoin Correlation, Grayscale Bitcoin Volatility and Grayscale Bitcoin Alpha and Beta module to complement your research on Grayscale Bitcoin.
Symbol


Please note, there is a significant difference between Grayscale Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine Grayscale Bitcoin value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Bitcoin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Grayscale 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 Grayscale 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 Grayscale Bitcoin.
0.00
11/04/2022
No Change 0.00  0.0 
In 31 days
12/04/2022
0.00
If you would invest  0.00  in Grayscale Bitcoin on November 4, 2022 and sell it all today you would earn a total of 0.00 from holding Grayscale Bitcoin Trust or generate 0.0% return on investment in Grayscale Bitcoin over 30 days. Grayscale Bitcoin is related to or competes with Cowen, Hercules Capital, HIVE Blockchain, Affiliated Managers, B Riley, Stonex, and Wynn Resorts. Grayscale Bitcoin Trust is an exchange traded fund launched and managed by Grayscale Investments, LLC More

Grayscale 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 Grayscale 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 Grayscale Bitcoin Trust upside and downside potential and time the market with a certain degree of confidence.

Grayscale Bitcoin Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Bitcoin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Bitcoin's standard deviation. In reality, there are many statistical measures that can use Grayscale Bitcoin historical prices to predict the future Grayscale Bitcoin's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Grayscale 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. Please use the tools below to analyze the current value of Grayscale Bitcoin in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
4.228.7913.36
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Intrinsic
Valuation
LowReal ValueHigh
3.878.4413.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Grayscale Bitcoin. Your research has to be compared to or analyzed against Grayscale Bitcoin's peers to derive any actionable benefits. When done correctly, Grayscale Bitcoin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Grayscale Bitcoin Trust.

Grayscale Bitcoin Trust Backtested Returns

Grayscale Bitcoin Trust holds Efficiency (Sharpe) Ratio of -0.0664, which attests that the entity had -0.0664% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Grayscale Bitcoin Trust exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Grayscale Bitcoin market risk adjusted performance of (0.22), and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 1.7496, which attests to a somewhat significant risk relative to the market. Let's try to break down what Grayscale's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Grayscale Bitcoin will likely underperform. Even though it is essential to pay attention to Grayscale Bitcoin Trust current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy in determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Grayscale Bitcoin Trust exposes twenty-one different technical indicators, which can help you to evaluate its performance. Grayscale Bitcoin Trust has an expected return of -0.3%. Please be advised to check out Grayscale Bitcoin jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Grayscale Bitcoin Trust performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.7  

Very good reverse predictability

Grayscale Bitcoin Trust has very good reverse predictability. Overlapping area represents the amount of predictability between Grayscale Bitcoin time series from 4th of November 2022 to 19th of November 2022 and 19th of November 2022 to 4th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grayscale Bitcoin Trust price movement. The serial correlation of -0.7 indicates that around 70.0% of current Grayscale Bitcoin price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test-0.06
Residual Average0.0
Price Variance0.07

Grayscale Bitcoin Trust lagged returns against current returns

Autocorrelation, which is Grayscale 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 Grayscale Bitcoin's otc stock expected returns. We can calculate the autocorrelation of Grayscale Bitcoin returns to help us make a trade decision. For example, suppose you find that Grayscale Bitcoin otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Grayscale 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 Grayscale Bitcoin otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale 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 Grayscale Bitcoin otc stock over time.
   Current vs Lagged Prices   
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       Timeline  

Grayscale Bitcoin Lagged Returns

When evaluating Grayscale Bitcoin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Bitcoin otc stock have on its future price. Grayscale 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, Grayscale Bitcoin autocorrelation shows the relationship between Grayscale Bitcoin otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Bitcoin Trust.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Grayscale Bitcoin without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Grayscale Bitcoin Correlation, Grayscale Bitcoin Volatility and Grayscale Bitcoin Alpha and Beta module to complement your research on Grayscale Bitcoin. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Grayscale Bitcoin Trust price analysis, check to measure Grayscale Bitcoin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grayscale Bitcoin is operating at the current time. Most of Grayscale Bitcoin's value examination focuses on studying past and present price action to predict the probability of Grayscale Bitcoin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Grayscale Bitcoin's price. Additionally, you may evaluate how the addition of Grayscale Bitcoin to your portfolios can decrease your overall portfolio volatility.
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Grayscale Bitcoin technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Grayscale Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grayscale Bitcoin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...