Grayscale Future Financials
| GFOF Etf | USD 27.70 0.07 0.25% |
Net Expense Ratio 0.007 |
Grayscale |
The data published in Grayscale Future's official financial statements typically reflect Grayscale Future's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Grayscale Future's quantitative information. For example, before you start analyzing numbers published by Grayscale accountants, it's essential to understand Grayscale Future's liquidity, profitability, and earnings quality within the context of the Grayscale ETF space in which it operates.
Grayscale Future Etf Summary
Grayscale Future competes with Grayscale Digital, Valkyrie Bitcoin, Bitwise Crypto, VanEck Digital, and First Trust. The index is designed by Bloomberg Index Services Limited to consist of U.S. and non-U.S. equity securities of companies that have been classified by the index provider as providing exposure to the Future of Finance, as identified by the intersection of finance, technology and digital assets. Grayscale Future is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US26922B7257 |
| CUSIP | 26922B725 |
| Region | Global |
| Investment Issuer | Grayscale Advisors |
| Etf Family | Grayscale ETF |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Grayscale Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grayscale Future's current stock value. Our valuation model uses many indicators to compare Grayscale Future value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grayscale Future competition to find correlations between indicators driving Grayscale Future's intrinsic value. More Info.Grayscale Future of is rated # 5 ETF in one year return as compared to similar ETFs. It is rated # 4 ETF in net asset as compared to similar ETFs making up about 42,320 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value Grayscale Future by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Grayscale Future Systematic Risk
Grayscale Future's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Grayscale Future volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Grayscale Future correlated with the market. If Beta is less than 0 Grayscale Future generally moves in the opposite direction as compared to the market. If Grayscale Future Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Grayscale Future is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Grayscale Future is generally in the same direction as the market. If Beta > 1 Grayscale Future moves generally in the same direction as, but more than the movement of the benchmark.
About Grayscale Future Financials
What exactly are Grayscale Future Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Grayscale Future's income statement, its balance sheet, and the statement of cash flows. Potential Grayscale Future investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Grayscale Future investors may use each financial statement separately, they are all related. The changes in Grayscale Future's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grayscale Future's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Grayscale Future Thematic Clasifications
Grayscale Future of is part of several thematic ideas from Theme ETFs to Strategy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasGrayscale Future December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Grayscale Future help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Grayscale Future of. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grayscale Future of based on widely used predictive technical indicators. In general, we focus on analyzing Grayscale Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grayscale Future's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.18 | |||
| Information Ratio | 0.1569 | |||
| Maximum Drawdown | 23.9 | |||
| Value At Risk | (5.99) | |||
| Potential Upside | 6.72 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Future of. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of Grayscale Future is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Future's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Future's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grayscale Future's market value can be influenced by many factors that don't directly affect Grayscale Future's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grayscale Future's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Future is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Future'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.