Grayscale Chainlink Trust Stock Market Value
| GLNK Stock | USD 129.98 20.02 13.35% |
| Symbol | Grayscale |
Please note, there is a significant difference between Grayscale Chainlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Chainlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Chainlink'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.
Grayscale Chainlink 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Grayscale Chainlink's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Grayscale Chainlink.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Grayscale Chainlink on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Grayscale Chainlink Trust or generate 0.0% return on investment in Grayscale Chainlink over 720 days. Grayscale Chainlink is related to or competes with Grayscale Zcash. More
Grayscale Chainlink Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Grayscale Chainlink's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Grayscale Chainlink Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.92 | |||
| Information Ratio | 0.1887 | |||
| Maximum Drawdown | 47.07 | |||
| Value At Risk | (13.60) | |||
| Potential Upside | 26.32 |
Grayscale Chainlink Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Chainlink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Chainlink's standard deviation. In reality, there are many statistical measures that can use Grayscale Chainlink historical prices to predict the future Grayscale Chainlink's volatility.| Risk Adjusted Performance | 0.1503 | |||
| Jensen Alpha | 2.54 | |||
| Total Risk Alpha | 1.35 | |||
| Sortino Ratio | 0.2511 | |||
| Treynor Ratio | (0.54) |
Grayscale Chainlink Trust Backtested Returns
Grayscale Chainlink is not too volatile given 3 months investment horizon. Grayscale Chainlink Trust holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% 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 1.86% are justified by taking the suggested risk. Use Grayscale Chainlink Trust market risk adjusted performance of (0.53), and Risk Adjusted Performance of 0.1503 to evaluate company specific risk that cannot be diversified away. Grayscale Chainlink holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -4.22, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Grayscale Chainlink are expected to decrease by larger amounts. On the other hand, during market turmoil, Grayscale Chainlink is expected to outperform it. Use Grayscale Chainlink Trust coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Grayscale Chainlink Trust.
Auto-correlation | -0.4 |
Poor reverse predictability
Grayscale Chainlink Trust has poor reverse predictability. Overlapping area represents the amount of predictability between Grayscale Chainlink time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Grayscale Chainlink Trust price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Grayscale Chainlink price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1006.03 |
Grayscale Chainlink Trust lagged returns against current returns
Autocorrelation, which is Grayscale Chainlink otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Grayscale Chainlink's otc stock expected returns. We can calculate the autocorrelation of Grayscale Chainlink returns to help us make a trade decision. For example, suppose you find that Grayscale Chainlink has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Grayscale Chainlink regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Grayscale Chainlink otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale Chainlink otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grayscale Chainlink otc stock over time.
Current vs Lagged Prices |
| Timeline |
Grayscale Chainlink Lagged Returns
When evaluating Grayscale Chainlink's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Chainlink otc stock have on its future price. Grayscale Chainlink autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Grayscale Chainlink autocorrelation shows the relationship between Grayscale Chainlink otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Chainlink Trust.
Regressed Prices |
| Timeline |
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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.