Grayscale Future Of Etf Performance
| GFOF Etf | USD 27.70 0.07 0.25% |
The etf retains a Market Volatility (i.e., Beta) of 3.26, 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 Future will likely underperform.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Grayscale Future of are ranked lower than 17 (%) of all global equities and portfolios over the last 90 days. Despite nearly unsteady basic indicators, Grayscale Future reported solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | How to Take Advantage of moves in - Stock Traders Daily | 09/19/2024 |
2 | How To Trade - Stock Traders Daily | 11/19/2024 |
Grayscale |
Grayscale Future Relative Risk vs. Return Landscape
If you would invest 1,617 in Grayscale Future of on September 3, 2024 and sell it today you would earn a total of 1,153 from holding Grayscale Future of or generate 71.3% return on investment over 90 days. Grayscale Future of is currently generating 0.9247% in daily expected returns and assumes 4.1081% risk (volatility on return distribution) over the 90 days horizon. In different words, 36% of etfs are less volatile than Grayscale, and 82% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Grayscale Future Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grayscale Future's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Grayscale Future of, and traders can use it to determine the average amount a Grayscale Future'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 = 0.2251
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | GFOF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Grayscale Future is performing at about 17% 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 Future by adding it to a well-diversified portfolio.
Grayscale Future Fundamentals Growth
Grayscale Etf prices reflect investors' perceptions of the future prospects and financial health of Grayscale Future, and Grayscale Future fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Grayscale Etf performance.
| Total Asset | 5.29 M | |||
About Grayscale Future Performance
By analyzing Grayscale Future's fundamental ratios, stakeholders can gain valuable insights into Grayscale Future's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Grayscale Future 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 Future has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index is designed by Bloomberg Index Services Limited to consist of U.S. and non-U.S. equity securities of companies that have been classified by the index provider as providing exposure to the Future of Finance, as identified by the intersection of finance, technology and digital assets. Grayscale Future is traded on NYSEARCA Exchange in the United States.| Grayscale Future appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: How To Trade - Stock Traders Daily | |
| The fund retains 99.51% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Future of. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Grayscale Future is measured differently than its book value, which is the value of Grayscale that is recorded on the company's balance sheet. Investors also form their own opinion of Grayscale Future's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Future's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grayscale Future's market value can be influenced by many factors that don't directly affect Grayscale Future's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grayscale Future's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Future is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Future'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.