GRAYSCALE BITCOIN Buy Hold or Sell Recommendation

GBTC -- USA Stock  

USD 8.59  0.20  2.28%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding GRAYSCALE BITCOIN TRUST BTC is 'Cautious Hold'. Macroaxis provides GRAYSCALE BITCOIN buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GBTC positions. The advice algorithm takes into account all of GRAYSCALE BITCOIN TRUST available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from GBTC buy-and-hold prospective. Please also check GRAYSCALE BITCOIN Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell GRAYSCALE BITCOINBuy GRAYSCALE BITCOIN
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
For the selected time horizon GRAYSCALE BITCOIN TRUST BTC has a mean deviation of 5.48, semi deviation of 0.0, standard deviation of 8.49, variance of 72.15, downside variance of 0.0 and semi variance of 0.0
We provide buy or sell recommendation to complement the latest expert consensus on GRAYSCALE BITCOIN TRUST BTC. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the organization potential to grow using all technical and fundamental data available today. Please check out GRAYSCALE BITCOIN TRUST BTC Shares Outstanding and Total Asset to decide if your GRAYSCALE BITCOIN TRUST BTC buy or sell deciscion is justified. Given that GRAYSCALE BITCOIN TRUST has Market Capitalization of 1.52 B, we strongly advise you confirm GRAYSCALE BITCOIN market performance and probability of bankruptcy to make sure the company can sustain itself for few more years given your latest risk tolerance and investing horizon.

GRAYSCALE BITCOIN Trading Alerts and Improvement Suggestions

GRAYSCALE BITCOIN generates negative expected return over the last 30 days
GRAYSCALE BITCOIN has high historical volatility and very poor performance
GRAYSCALE BITCOIN has high likelihood to experience some financial distress in the next 2 years
Latest headline from cointelegraph.com: IDEG, Coinbase Custody Launch Bitcoin Trusts in Apparent First for Asia - Cointelegraph

GRAYSCALE BITCOIN current analysts recommendations

Target Mean Price8.35
Target Median Price8.35
Target High Price8.35
Number Of Analyst Opinions1
Target Low Price8.35

GRAYSCALE BITCOIN Returns Distribution Density

Mean Return0.22Value At Risk12.12
Potential Upside9.21Standard Deviation8.49
 Return Density 
      Distribution 

GRAYSCALE BITCOIN Greeks

α
Alpha over DOW
=0.33
β
Beta against DOW=2.43
σ
Overall volatility
=8.55
Ir
Information ratio =0.03

GRAYSCALE BITCOIN Volatility Alert

GRAYSCALE BITCOIN TRUST BTC is displaying above average volatility of 8.49 over selected time horizon. Investors should scrutinize GRAYSCALE BITCOIN TRUST BTC independently to make sure intended market timing strategies are aligned with expectations about GRAYSCALE BITCOIN volatility.
    
 Better Than Average     
    
 Worse Than Average Compare GRAYSCALE BITCOIN to competition

GRAYSCALE BITCOIN Fundamental Vs Peers

FundamentalsGRAYSCALE BITCOINPeer Average
Shares Outstanding175.75 M571.82 M
Shares Owned by Institutions2.11 39.21 
Market Capitalization1.52 B19.03 B
Total Asset107.43 M29.47 B
Retained Earnings(2.61 M)9.33 B
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