Grayscale Filecoin Trust Stock Performance
| FILG Stock | USD 75.00 2.36 3.25% |
Grayscale Filecoin holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -2.54, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Grayscale Filecoin are expected to decrease by larger amounts. On the other hand, during market turmoil, Grayscale Filecoin is expected to outperform it. Use Grayscale Filecoin Trust value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to analyze future returns on Grayscale Filecoin Trust.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Grayscale Filecoin Trust are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak essential indicators, Grayscale Filecoin reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Grayscale |
Grayscale Filecoin Relative Risk vs. Return Landscape
If you would invest 5,200 in Grayscale Filecoin Trust on September 20, 2024 and sell it today you would earn a total of 2,300 from holding Grayscale Filecoin Trust or generate 44.23% return on investment over 90 days. Grayscale Filecoin Trust is currently generating 1.5988% in daily expected returns and assumes 15.0464% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Grayscale, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Grayscale Filecoin Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Filecoin's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Grayscale Filecoin Trust, and traders can use it to determine the average amount a Grayscale Filecoin's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1063
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | FILG | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 15.05 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
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Grayscale Filecoin is performing at about 8% 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 Filecoin by adding it to a well-diversified portfolio.
About Grayscale Filecoin Performance
By analyzing Grayscale Filecoin's fundamental ratios, stakeholders can gain valuable insights into Grayscale Filecoin's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Grayscale Filecoin has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Grayscale Filecoin has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Grayscale Filecoin Trust performance evaluation
Checking the ongoing alerts about Grayscale Filecoin for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Grayscale Filecoin Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Grayscale Filecoin is way too risky over 90 days horizon | |
| Grayscale Filecoin appears to be risky and price may revert if volatility continues |
- Analyzing Grayscale Filecoin's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Grayscale Filecoin's stock is overvalued or undervalued compared to its peers.
- Examining Grayscale Filecoin's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Grayscale Filecoin's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Grayscale Filecoin's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Grayscale Filecoin's pink sheet. These opinions can provide insight into Grayscale Filecoin's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Grayscale Pink Sheet analysis
When running Grayscale Filecoin's price analysis, check to measure Grayscale Filecoin'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 Filecoin is operating at the current time. Most of Grayscale Filecoin's value examination focuses on studying past and present price action to predict the probability of Grayscale Filecoin'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 Filecoin's price. Additionally, you may evaluate how the addition of Grayscale Filecoin to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| CEOs Directory Screen CEOs from public companies around the world |