Grayscale Chainlink Trust Stock Price on November 6, 2024
| GLNK Stock | USD 93.00 15.75 14.48% |
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 93.00, as last reported on the 30th of December, with the highest price reaching 106.00 and the lowest price hitting 83.16 during the day. Grayscale Chainlink is not too volatile given 3 months investment horizon. Grayscale Chainlink Trust holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.59% are justified by taking the suggested risk. Use Grayscale Chainlink Trust market risk adjusted performance of (0.50), and Risk Adjusted Performance of 0.081 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.
Grayscale |
Sharpe Ratio = 0.1242
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Estimated Market Risk
| 12.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.59 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Grayscale Chainlink is performing at about 9% 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 November 6, 2024
It is possible to determine the worth of Grayscale Chainlink on a given historical date. On November 6, 2024 Grayscale was worth 48.55 at the beginning of the trading date compared to the closed value of 39.98. 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 | |
| 40.05 | 40.05 | 38.46 | 39.00 | 2,700 | |
11/06/2024 | 48.55 | 49.99 | 30.00 | 39.98 | 5,473 |
| 40.15 | 40.15 | 32.00 | 34.95 | 4,684 |
| Backtest Grayscale Chainlink | | | Grayscale Chainlink History | Previous | Next |
Grayscale Chainlink Trading Date Momentum on November 6, 2024
| On November 07 2024 Grayscale Chainlink Trust was traded for 34.95 at the closing time. The top price for the day was 40.15 and the lowest listed price was 32.00 . The trading volume for the day was 4.7 K. The trading history from November 7, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 12.58% . The overall trading delta against the current closing price is 60.08% . |
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.
Price Boundaries
Grayscale Chainlink Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
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Grayscale Chainlink December 30, 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.
| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 1.18 | |||
| Total Risk Alpha | 0.7776 | |||
| Sortino Ratio | 0.1083 | |||
| Treynor Ratio | (0.51) |
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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.