Grayscale Bitcoin Trust Etf Buy Hold or Sell Recommendation

GBTC Etf  USD 61.19  0.74  1.19%   
Given the investment horizon of 90 days and your slightly conservative level of risk, our recommendation regarding Grayscale Bitcoin Trust is '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's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Grayscale Bitcoin's buy or sell advice are summarized below:
Real Value
66.09
Hype Value
62.37
Market Value
61.19
Naive Value
59.62
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Grayscale Bitcoin Trust given historical horizon and risk tolerance towards Grayscale Bitcoin. When Macroaxis issues a 'buy' or 'sell' recommendation for Grayscale Bitcoin Trust, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Grayscale Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as Grayscale and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards 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.

Execute Grayscale Bitcoin Buy or Sell Advice

The Grayscale recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Grayscale Bitcoin Trust. Macroaxis does not own or have any residual interests in Grayscale Bitcoin Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Grayscale Bitcoin's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Grayscale BitcoinBuy Grayscale Bitcoin
Hold

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Grayscale Bitcoin Trust has a Risk Adjusted Performance of 0.1394, Jensen Alpha of 0.6592, Total Risk Alpha of 0.0334, Sortino Ratio of 0.2317 and Treynor Ratio of 0.556
Macroaxis provides unbiased trade recommendations on Grayscale Bitcoin that should be used to complement current analysts and expert consensus on Grayscale Bitcoin Trust. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Please utilize Grayscale Bitcoin Trust net income, as well as the relationship between the number of employees and retained earnings to make buy, hold, or sell decision on Grayscale Bitcoin.

Grayscale Bitcoin Trading Alerts and Improvement Suggestions

Grayscale Bitcoin appears to be risky and price may revert if volatility continues
Latest headline from finance.yahoo.com: First Mover Americas Bitcoin ETNs to Debut on London Stock Exchange
The fund retains all of the assets under management (AUM) in different types of exotic instruments

Grayscale Bitcoin Returns Distribution Density

The distribution of Grayscale Bitcoin's historical returns is an attempt to chart the uncertainty of Grayscale Bitcoin's future price movements. The chart of the probability distribution of Grayscale Bitcoin daily returns describes the distribution of returns around its average expected value. We use Grayscale Bitcoin Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Grayscale Bitcoin returns is essential to provide solid investment advice for Grayscale Bitcoin.
Mean Return
0.86
Value At Risk
-4.35
Potential Upside
6.67
Standard Deviation
3.65
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Grayscale Bitcoin historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Grayscale Bitcoin Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Grayscale Bitcoin or Financial sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Grayscale Bitcoin's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Grayscale etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.66
β
Beta against NYSE Composite1.53
σ
Overall volatility
3.69
Ir
Information ratio 0.20

Grayscale Bitcoin Volatility Alert

Grayscale Bitcoin Trust shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Grayscale Bitcoin's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Grayscale Bitcoin's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Grayscale Bitcoin Fundamentals Vs Peers

Comparing Grayscale Bitcoin's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Grayscale Bitcoin's direct or indirect competition across all of the common fundamentals between Grayscale Bitcoin and the related equities. This way, we can detect undervalued stocks with similar characteristics as Grayscale Bitcoin or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Grayscale Bitcoin's fundamental indicators could also be used in its relative valuation, which is a method of valuing Grayscale Bitcoin by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Grayscale Bitcoin to competition
FundamentalsGrayscale BitcoinPeer Average
Net Asset29.58 B2.29 B

Grayscale Bitcoin Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Grayscale . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Grayscale Bitcoin Buy or Sell Advice

When is the right time to buy or sell Grayscale Bitcoin Trust? Buying financial instruments such as Grayscale Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Grayscale Bitcoin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Utilities Thematic Idea Now

Utilities
Utilities Theme
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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When determining whether Grayscale Bitcoin Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grayscale Bitcoin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grayscale Bitcoin Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Grayscale Bitcoin Trust Etf:
Check out Grayscale Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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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.