Grayscale Chainlink Trust Stock Price on August 24, 2023

GLNK Stock  USD 126.00  16.00  14.55%   
If you're considering investing in Grayscale OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Grayscale Chainlink stands at 126.00, as last reported on the 22nd of December, with the highest price reaching 126.00 and the lowest price hitting 104.85 during the day. Grayscale Chainlink is not too volatile given 3 months investment horizon. Grayscale Chainlink Trust holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of standard deviation over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Grayscale Chainlink Trust risk adjusted performance of 0.1246, and Market Risk Adjusted Performance of 0.7151 to evaluate company specific risk that cannot be diversified away.
  
Grayscale OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1309

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Estimated Market Risk

 12.24
  actual daily
96
96% of assets are less volatile

Expected Return

 1.6
  actual daily
31
69% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Grayscale Chainlink is performing at about 10% 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 Chainlink by adding it to a well-diversified portfolio.

Grayscale Chainlink Valuation on August 24, 2023

It is possible to determine the worth of Grayscale Chainlink on a given historical date. On August 24, 2023 Grayscale was worth 14.25 at the beginning of the trading date compared to the closed value of 14.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Chainlink otc stock. Still, in general, we apply an absolute valuation method to find Grayscale Chainlink'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 Chainlink where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Chainlink's related companies.
 Open High Low Close Volume
  14.25    14.25    14.25    14.25    278.00  
08/24/2023
  14.25    14.25    14.25    14.25    215.00  
  14.25    14.25    14.25    14.25    1.00  
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Open Value
14.25
14.25
Closing Value
50.98
Upside

Grayscale Chainlink Trading Date Momentum on August 24, 2023

On August 25 2023 Grayscale Chainlink Trust was traded for  14.25  at the closing time. The top price for the day was 14.25  and the lowest listed price was  14.25 . There was no trading activity during the period 1.0. Lack of trading volume on August 25, 2023 did not cause price change. The overall trading delta against the current closing price is 5.26% .

About Grayscale Chainlink OTC Stock history

Grayscale Chainlink 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 Chainlink 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 Chainlink stock prices may prove useful in developing a viable investing in Grayscale Chainlink

Grayscale Chainlink OTC Stock Technical Analysis

Grayscale Chainlink 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 Chainlink technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Grayscale Chainlink 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 Chainlink Period Price Range

Low
December 22, 2024
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High

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 0.00 

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Grayscale Chainlink December 22, 2024 Market Strength

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

Grayscale Chainlink Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Grayscale Chainlink's price direction in advance. Along with the technical and fundamental analysis of Grayscale OTC Stock 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.

Other Information on Investing in Grayscale OTC Stock

Grayscale Chainlink financial ratios help investors to determine whether Grayscale 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 Grayscale with respect to the benefits of owning Grayscale Chainlink security.