Grayscale Bitcoin Trust Etf Price History
GBTC Etf | USD 61.19 0.74 1.19% |
Below is the normalized historical share price chart for Grayscale Bitcoin Trust extending back to May 04, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Grayscale Bitcoin stands at 61.19, as last reported on the 28th of March, with the highest price reaching 64.00 and the lowest price hitting 60.96 during the day.
If you're considering investing in Grayscale Etf, it is important to understand the factors that can impact its price. Grayscale Bitcoin is very steady given 3 months investment horizon. Grayscale Bitcoin Trust holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Grayscale Bitcoin Trust market risk adjusted performance of 0.566, and Risk Adjusted Performance of 0.1394 to evaluate company specific risk that cannot be diversified away.
Grayscale Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 30.1459 | 50 Day MA 48.5362 |
Grayscale |
Sharpe Ratio = 0.272
Best Portfolio | Best Equity | |||
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Small Returns | GBTC | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
1.0 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Grayscale Bitcoin is performing at about 21% 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 Bitcoin by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Grayscale Bitcoin Etf Price History Chart
There are several ways to analyze Grayscale Bitcoin Trust Etf price data. The simplest method is using a basic Grayscale candlestick price chart, which shows Grayscale Bitcoin price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | March 13, 2024 | 65.58 |
Lowest Price | December 29, 2023 | 34.62 |
Grayscale Bitcoin March 28, 2024 Etf Price Synopsis
Various analyses of Grayscale Bitcoin's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Grayscale Etf. It can be used to describe the percentage change in the price of Grayscale Bitcoin from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Grayscale Etf.Grayscale Bitcoin Price Daily Balance Of Power | (0.24) | |
Grayscale Bitcoin Accumulation Distribution | 612,889 | |
Grayscale Bitcoin Price Rate Of Daily Change | 0.99 | |
Grayscale Bitcoin Price Action Indicator | (1.66) |
Grayscale Bitcoin March 28, 2024 Etf Price Analysis
Grayscale Etf Price History Data
The price series of Grayscale Bitcoin for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 30.96 with a coefficient of variation of 22.15. Under current investment horizon, the daily prices are spread out with arithmetic mean of 46.17. The median price for the last 90 days is 42.48. The company completed 91:1 stock split on 29th of January 2018. Grayscale Bitcoin Trust completed dividends distribution on 2017-12-12.Open | High | Low | Close | Volume | ||
03/27/2024 | 63.85 | 64.00 | 60.96 | 61.19 | 12,902,925 | |
03/26/2024 | 63.16 | 63.30 | 61.79 | 61.93 | 10,621,719 | |
03/25/2024 | 59.72 | 63.45 | 59.72 | 63.34 | 21,141,380 | |
03/22/2024 | 57.23 | 57.37 | 55.84 | 56.98 | 11,583,705 | |
03/21/2024 | 60.32 | 60.33 | 57.84 | 58.11 | 16,330,495 | |
03/20/2024 | 56.52 | 58.90 | 55.35 | 58.75 | 21,650,887 | |
03/19/2024 | 56.81 | 58.66 | 55.49 | 57.41 | 25,803,976 | |
03/18/2024 | 60.59 | 61.14 | 59.31 | 59.58 | 14,511,906 | |
03/15/2024 | 60.42 | 63.02 | 60.10 | 61.60 | 21,224,303 | |
03/14/2024 | 64.83 | 64.90 | 60.98 | 61.80 | 31,689,343 | |
03/13/2024 | 64.89 | 65.61 | 63.98 | 65.58 | 16,587,154 | |
03/12/2024 | 64.54 | 65.34 | 61.27 | 63.67 | 28,602,900 | |
03/11/2024 | 64.58 | 65.09 | 63.70 | 64.32 | 24,662,500 | |
03/08/2024 | 60.83 | 62.84 | 59.07 | 61.90 | 24,418,700 | |
03/07/2024 | 60.17 | 60.86 | 59.50 | 60.45 | 20,503,065 | |
03/06/2024 | 59.64 | 60.34 | 58.30 | 59.80 | 16,452,883 | |
03/05/2024 | 60.41 | 61.99 | 53.35 | 55.23 | 50,575,917 | |
03/04/2024 | 58.45 | 60.69 | 58.39 | 60.38 | 25,599,552 | |
03/01/2024 | 55.73 | 56.50 | 54.61 | 56.28 | 18,801,718 | |
02/29/2024 | 56.53 | 56.81 | 53.87 | 55.35 | 24,676,987 | |
02/28/2024 | 53.74 | 57.45 | 52.74 | 53.83 | 34,157,024 | |
02/27/2024 | 50.83 | 51.45 | 50.21 | 50.85 | 15,723,198 | |
02/26/2024 | 45.87 | 49.06 | 45.86 | 48.63 | 17,365,519 | |
02/23/2024 | 45.73 | 45.81 | 45.19 | 45.59 | 6,985,600 | |
02/22/2024 | 45.59 | 46.50 | 45.53 | 46.44 | 7,507,815 | |
02/21/2024 | 45.41 | 45.90 | 45.21 | 45.48 | 7,494,877 | |
02/20/2024 | 46.69 | 46.76 | 45.32 | 46.41 | 13,354,100 | |
02/16/2024 | 46.64 | 46.86 | 46.11 | 46.28 | 12,637,219 | |
02/15/2024 | 46.84 | 47.26 | 46.10 | 46.18 | 13,572,558 | |
02/14/2024 | 46.20 | 46.55 | 45.74 | 46.19 | 13,395,366 | |
02/13/2024 | 43.72 | 44.21 | 43.18 | 44.11 | 9,046,813 | |
02/12/2024 | 43.00 | 45.03 | 43.00 | 44.86 | 10,561,623 | |
02/09/2024 | 41.95 | 43.09 | 41.79 | 42.48 | 12,492,022 | |
02/08/2024 | 40.27 | 40.74 | 40.07 | 40.68 | 9,175,689 | |
02/07/2024 | 38.49 | 39.53 | 38.30 | 39.43 | 7,623,517 | |
02/06/2024 | 38.29 | 38.74 | 38.24 | 38.47 | 6,760,043 | |
02/05/2024 | 38.68 | 38.75 | 37.73 | 37.84 | 6,381,279 | |
02/02/2024 | 38.15 | 38.80 | 38.11 | 38.34 | 9,812,456 | |
02/01/2024 | 37.84 | 38.63 | 37.80 | 38.41 | 7,601,901 | |
01/31/2024 | 38.11 | 39.08 | 37.92 | 37.99 | 12,982,715 | |
01/30/2024 | 38.74 | 39.05 | 38.59 | 38.87 | 10,222,900 | |
01/29/2024 | 37.45 | 38.67 | 37.32 | 38.51 | 14,952,987 | |
01/26/2024 | 36.69 | 37.71 | 36.66 | 37.51 | 17,403,246 | |
01/25/2024 | 35.62 | 35.74 | 35.24 | 35.44 | 14,135,119 | |
01/24/2024 | 35.62 | 35.82 | 35.22 | 35.27 | 17,001,639 | |
01/23/2024 | 34.52 | 35.28 | 34.31 | 34.88 | 21,763,659 | |
01/22/2024 | 36.14 | 36.32 | 35.03 | 35.82 | 30,040,305 | |
01/19/2024 | 36.45 | 37.49 | 35.80 | 37.01 | 35,584,767 | |
01/18/2024 | 37.75 | 38.05 | 36.05 | 36.29 | 29,214,587 | |
01/17/2024 | 37.66 | 38.10 | 37.42 | 37.94 | 36,857,032 | |
01/16/2024 | 37.84 | 38.43 | 37.04 | 38.32 | 26,308,164 | |
01/12/2024 | 40.39 | 40.47 | 37.77 | 38.58 | 47,405,533 | |
01/11/2024 | 42.25 | 43.50 | 40.14 | 40.69 | 55,853,553 | |
01/10/2024 | 38.21 | 41.00 | 37.55 | 40.50 | 15,578,900 | |
01/09/2024 | 39.00 | 39.89 | 38.84 | 39.00 | 9,327,329 | |
01/08/2024 | 37.86 | 39.23 | 36.40 | 39.00 | 11,374,000 | |
01/05/2024 | 37.01 | 37.29 | 36.01 | 37.16 | 4,988,200 | |
01/04/2024 | 36.14 | 37.50 | 35.84 | 37.25 | 6,505,200 | |
01/03/2024 | 34.68 | 35.87 | 34.65 | 35.55 | 5,785,598 | |
01/02/2024 | 37.26 | 37.56 | 36.63 | 36.85 | 9,172,600 | |
12/29/2023 | 35.00 | 35.80 | 33.95 | 34.62 | 6,345,100 |
About Grayscale Bitcoin Etf history
Grayscale Bitcoin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Grayscale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Grayscale Bitcoin Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Grayscale Bitcoin stock prices may prove useful in developing a viable investing in Grayscale Bitcoin
Grayscale Bitcoin Trust is an exchange traded fund launched and managed by Grayscale Investments, LLC. Grayscale Bitcoin Trust was formed on September 25, 2013 and is domiciled in United States. Bitcoin Invt is traded on OTC Exchange in the United States.
Grayscale Bitcoin Etf Technical Analysis
Grayscale Bitcoin technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
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Grayscale Bitcoin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Grayscale Bitcoin's price direction in advance. Along with the technical and fundamental analysis of Grayscale Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Grayscale to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1394 | |||
Jensen Alpha | 0.6592 | |||
Total Risk Alpha | 0.0334 | |||
Sortino Ratio | 0.2317 | |||
Treynor Ratio | 0.556 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grayscale Bitcoin Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Grayscale Bitcoin's price analysis, check to measure Grayscale Bitcoin'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 Bitcoin is operating at the current time. Most of Grayscale Bitcoin's value examination focuses on studying past and present price action to predict the probability of Grayscale Bitcoin'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 Bitcoin's price. Additionally, you may evaluate how the addition of Grayscale Bitcoin to your portfolios can decrease your overall portfolio volatility.
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The market value of Grayscale Bitcoin Trust 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 Bitcoin's value that differs from its market value or its book value, called intrinsic value, which is Grayscale Bitcoin'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 Bitcoin's market value can be influenced by many factors that don't directly affect Grayscale Bitcoin'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 Bitcoin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grayscale Bitcoin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grayscale Bitcoin'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.