Grayscale Zcash Trust Stock Price on November 7, 2024
| ZCSH Stock | USD 6.17 0.76 14.05% |
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 Zcash stands at 6.17, as last reported on the 21st of December, with the highest price reaching 6.17 and the lowest price hitting 4.90 during the day. Grayscale Zcash appears to be very risky, given 3 months investment horizon. Grayscale Zcash Trust holds Efficiency (Sharpe) Ratio of 0.0976, which attests that the entity had a 0.0976% return per unit of standard deviation over the last 3 months. By evaluating Grayscale Zcash's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please utilize Grayscale Zcash's risk adjusted performance of 0.0827, and Market Risk Adjusted Performance of 0.1926 to validate if our risk estimates are consistent with your expectations.
Grayscale OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Grayscale |
Sharpe Ratio = 0.0976
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.57 actual daily | 85 85% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Grayscale Zcash 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 Zcash by adding it to a well-diversified portfolio.
Grayscale Zcash Valuation on November 7, 2024
It is possible to determine the worth of Grayscale Zcash on a given historical date. On November 7, 2024 Grayscale was worth 5.05 at the beginning of the trading date compared to the closed value of 5.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Grayscale Zcash otc stock. Still, in general, we apply an absolute valuation method to find Grayscale Zcash'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 Zcash where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Grayscale Zcash's related companies.
| Open | High | Low | Close | Volume | |
| 4.50 | 6.07 | 4.30 | 5.51 | 66,000 | |
11/07/2024 | 5.05 | 5.28 | 4.79 | 5.05 | 58,100 |
| 5.02 | 5.40 | 4.15 | 4.30 | 64,119 |
| Backtest Grayscale Zcash | | | Grayscale Zcash History | | | Grayscale Zcash Valuation | Previous | Next |
Grayscale Zcash Trading Date Momentum on November 7, 2024
| On November 08 2024 Grayscale Zcash Trust was traded for 4.30 at the closing time. The top price for the day was 5.40 and the lowest listed price was 4.15 . The trading volume for the day was 64.1 K. The trading history from November 8, 2024 was a factor to the next trading day price decrease. The trading date delta against the next closing price was 14.85% . The overall trading delta against the current closing price is 4.95% . |
About Grayscale Zcash OTC Stock history
Grayscale Zcash 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 Zcash 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 Zcash stock prices may prove useful in developing a viable investing in Grayscale Zcash
Grayscale Zcash OTC Stock Technical Analysis
Grayscale Zcash 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 Zcash Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
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Grayscale Zcash December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Grayscale Zcash 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 Zcash shares will generate the highest return on investment. By undertsting and applying Grayscale Zcash otc stock market strength indicators, traders can identify Grayscale Zcash Trust entry and exit signals to maximize returns
Grayscale Zcash Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Zcash'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 | 0.0827 | |||
| Jensen Alpha | 0.761 | |||
| Total Risk Alpha | 0.6019 | |||
| Sortino Ratio | 0.1227 | |||
| Treynor Ratio | 0.1826 |
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| Volume Indicators |
Complementary Tools for Grayscale OTC Stock analysis
When running Grayscale Zcash's price analysis, check to measure Grayscale Zcash'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 Zcash is operating at the current time. Most of Grayscale Zcash's value examination focuses on studying past and present price action to predict the probability of Grayscale Zcash'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 Zcash's price. Additionally, you may evaluate how the addition of Grayscale Zcash to your portfolios can decrease your overall portfolio volatility.
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