Grayscale Ethereum Classic Stock Today
| ETCG Stock | USD 13.40 0.26 1.90% |
Performance6 of 100
| Odds Of DistressLess than 10
|
Grayscale Ethereum is trading at 13.40 as of the 24th of April 2024. This is a -1.9 percent decrease since the beginning of the trading day. The stock's lowest day price was 13.25. Grayscale Ethereum has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Grayscale Ethereum Classic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2023 and ending today, the 24th of April 2024. Click here to learn more.
The shares are the first publicly quoted securities solely invested in and deriving value from the price of ETC. The fund enables investors to gain exposure to the price movement of ETC through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping ETC. The company has 0 outstanding shares. More on Grayscale Ethereum Classic
Follow Valuation Odds of Bankruptcy
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Grayscale OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Grayscale Ethereum's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grayscale Ethereum or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Trading--Miscellaneous, Grayscale (View all Sectors) |
Grayscale Ethereum Classic [ETCG] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company has 0 outstanding shares.
Check Grayscale Ethereum Probability Of Bankruptcy
Ownership AllocationRoughly 100.0 (percent) of Grayscale Ethereum outstanding shares are held by general public with 0.01 pct. by outside corporations.
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Grayscale Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Grayscale Ethereum jumping above the current price in 90 days from now is about 60.85%. The Grayscale Ethereum Classic probability density function shows the probability of Grayscale Ethereum otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the otc stock has a beta coefficient of 3.7265 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Grayscale Ethereum will likely underperform. Additionally, grayscale Ethereum Classic has an alpha of 0.1651, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Grayscale Ethereum to move above the current price in 90 days from now is about 60.85 (This Grayscale Ethereum Classic probability density function shows the probability of Grayscale OTC Stock to fall within a particular range of prices over 90 days) .
Grayscale Ethereum Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Grayscale Ethereum market risk premium is the additional return an investor will receive from holding Grayscale Ethereum long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Grayscale Ethereum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Grayscale Ethereum's alpha and beta are two of the key measurements used to evaluate Grayscale Ethereum's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.08 | |||
| Semi Deviation | 5.79 | |||
| Standard Deviation | 7.06 | |||
| Variance | 49.81 |
Grayscale Stock Against Markets
Picking the right benchmark for Grayscale Ethereum otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Grayscale Ethereum otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Grayscale Ethereum is critical whether you are bullish or bearish towards Grayscale Ethereum Classic at a given time. Please also check how Grayscale Ethereum's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Grayscale Ethereum without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Grayscale OTC Stock?
Before investing in Grayscale Ethereum, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Grayscale Ethereum. To buy Grayscale Ethereum stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grayscale Ethereum. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Grayscale Ethereum stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Grayscale Ethereum Classic stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Grayscale Ethereum Classic stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Grayscale Ethereum Classic, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Grayscale Ethereum Classic?
The danger of trading Grayscale Ethereum Classic is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Grayscale Ethereum is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Grayscale Ethereum. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grayscale Ethereum is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Grayscale Ethereum Classic. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Grayscale Ethereum information on this page should be used as a complementary analysis to other Grayscale Ethereum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Grayscale OTC Stock analysis
When running Grayscale Ethereum's price analysis, check to measure Grayscale Ethereum'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 Ethereum is operating at the current time. Most of Grayscale Ethereum's value examination focuses on studying past and present price action to predict the probability of Grayscale Ethereum'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 Ethereum's price. Additionally, you may evaluate how the addition of Grayscale Ethereum to your portfolios can decrease your overall portfolio volatility.
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