Grayscale Stellar Lumens Stock Market Value
| GXLM Stock | USD 46.00 0.74 1.63% |
| Symbol | Grayscale |
Please note, there is a significant difference between Grayscale Stellar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Stellar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Stellar'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 Stellar '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 Stellar'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 Stellar.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in Grayscale Stellar on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding Grayscale Stellar Lumens or generate 0.0% return on investment in Grayscale Stellar over 720 days. Grayscale Stellar is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. More
Grayscale Stellar 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 Stellar'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 Stellar Lumens upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.86 | |||
| Information Ratio | 0.176 | |||
| Maximum Drawdown | 40.2 | |||
| Value At Risk | (11.05) | |||
| Potential Upside | 17.98 |
Grayscale Stellar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Stellar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grayscale Stellar's standard deviation. In reality, there are many statistical measures that can use Grayscale Stellar historical prices to predict the future Grayscale Stellar's volatility.| Risk Adjusted Performance | 0.1422 | |||
| Jensen Alpha | 1.58 | |||
| Total Risk Alpha | 0.9391 | |||
| Sortino Ratio | 0.2048 | |||
| Treynor Ratio | 1.17 |
Grayscale Stellar Lumens Backtested Returns
Grayscale Stellar is not too volatile given 3 months investment horizon. Grayscale Stellar Lumens holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% 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 1.47% are justified by taking the suggested risk. Use Grayscale Stellar Lumens risk adjusted performance of 0.1422, and Market Risk Adjusted Performance of 1.18 to evaluate company specific risk that cannot be diversified away. Grayscale Stellar holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.43, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Grayscale Stellar will likely underperform. Use Grayscale Stellar Lumens 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 Stellar Lumens.
Auto-correlation | -0.27 |
Weak reverse predictability
Grayscale Stellar Lumens has weak reverse predictability. Overlapping area represents the amount of predictability between Grayscale Stellar 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 Stellar Lumens price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Grayscale Stellar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 157.93 |
Grayscale Stellar Lumens lagged returns against current returns
Autocorrelation, which is Grayscale Stellar 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 Stellar's otc stock expected returns. We can calculate the autocorrelation of Grayscale Stellar returns to help us make a trade decision. For example, suppose you find that Grayscale Stellar 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 Stellar 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 Stellar otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grayscale Stellar 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 Stellar otc stock over time.
Current vs Lagged Prices |
| Timeline |
Grayscale Stellar Lagged Returns
When evaluating Grayscale Stellar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grayscale Stellar otc stock have on its future price. Grayscale Stellar 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 Stellar autocorrelation shows the relationship between Grayscale Stellar otc stock current value and its past values and can show if there is a momentum factor associated with investing in Grayscale Stellar Lumens.
Regressed Prices |
| Timeline |
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Grayscale Stellar 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 Stellar security.