Grayscale Filecoin Trust Stock Price on August 28, 2023

FILG Stock  USD 67.00  3.00  4.29%   
If you're considering investing in Grayscale Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Grayscale Filecoin stands at 67.00, as last reported on the 24th of December, with the highest price reaching 67.00 and the lowest price hitting 65.75 during the day. Grayscale Filecoin is somewhat reliable given 3 months investment horizon. Grayscale Filecoin Trust holds Efficiency (Sharpe) Ratio of 0.0953, which attests that the entity had a 0.0953% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.45% are justified by taking the suggested risk. Use Grayscale Filecoin Trust risk adjusted performance of 0.0833, and Market Risk Adjusted Performance of 7.73 to evaluate company specific risk that cannot be diversified away.
  
Grayscale Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0953

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Estimated Market Risk

 15.22
  actual daily
96
96% of assets are less volatile

Expected Return

 1.45
  actual daily
28
72% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Grayscale Filecoin is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Grayscale Filecoin by adding it to a well-diversified portfolio.

Grayscale Filecoin Valuation on August 28, 2023

It is possible to determine the worth of Grayscale Filecoin on a given historical date. On August 28, 2023 Grayscale was worth 20.05 at the beginning of the trading date compared to the closed value of 20.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Filecoin pink sheet. Still, in general, we apply an absolute valuation method to find Grayscale Filecoin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Grayscale Filecoin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Filecoin's related companies.
 Open High Low Close Volume
  20.05    20.05    20.05    20.05    1.00  
08/28/2023
  20.05    20.05    20.05    20.05    1.00  
  20.05    20.05    20.05    20.05    1.00  
Backtest Grayscale Filecoin  |  Grayscale Filecoin History  PreviousNext  
Open Value
20.05
20.05
Closing Value
65.70
Upside

Grayscale Filecoin Trading Date Momentum on August 28, 2023

On August 29 2023 Grayscale Filecoin Trust was traded for  20.05  at the closing time. The top price for the day was 20.05  and the lowest listed price was  20.05 . There was no trading activity during the period 1.0. Lack of trading volume on August 29, 2023 did not cause price change. The overall trading delta against the current closing price is 20.05% .

About Grayscale Filecoin Pink Sheet history

Grayscale Filecoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Filecoin Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grayscale Filecoin stock prices may prove useful in developing a viable investing in Grayscale Filecoin

Grayscale Filecoin Pink Sheet Technical Analysis

Grayscale Filecoin technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Grayscale Filecoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grayscale Filecoin 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...

Price Boundaries

Grayscale Filecoin Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Grayscale Filecoin Trust cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Grayscale Filecoin December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Grayscale Filecoin pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Grayscale Filecoin shares will generate the highest return on investment. By undertsting and applying Grayscale Filecoin pink sheet market strength indicators, traders can identify Grayscale Filecoin Trust entry and exit signals to maximize returns

Grayscale Filecoin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grayscale Filecoin's price direction in advance. Along with the technical and fundamental analysis of Grayscale Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Grayscale Pink Sheet analysis

When running Grayscale Filecoin's price analysis, check to measure Grayscale Filecoin'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 Filecoin is operating at the current time. Most of Grayscale Filecoin's value examination focuses on studying past and present price action to predict the probability of Grayscale Filecoin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grayscale Filecoin's price. Additionally, you may evaluate how the addition of Grayscale Filecoin to your portfolios can decrease your overall portfolio volatility.
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