Aave Price on January 30, 2024
| AAVE Crypto | USD 297.20 5.63 1.86% |
If you're considering investing in Aave Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Aave stands at 297.20, as last reported on the 11th of December 2024, with the highest price reaching 302.83 and the lowest price hitting 296.20 during the day. Aave is unusually volatile given 3 months investment horizon. Aave secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that digital coin had a 0.21% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.3% are justified by taking the suggested risk. Use Aave Mean Deviation of 4.57, downside deviation of 4.44, and Risk Adjusted Performance of 0.158 to evaluate coin specific risk that cannot be diversified away.
Aave Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Aave |
Sharpe Ratio = 0.2065
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AAVE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.3 actual daily | 56 56% of assets are less volatile |
Expected Return
| 1.3 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Aave is performing at about 16% 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 Aave by adding it to a well-diversified portfolio.
Aave Valuation on January 30, 2024
It is possible to determine the worth of Aave on a given historical date. On January 30, 2024 Aave was worth 74.33 at the beginning of the trading date compared to the closed value of 71.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aave crypto coin. Still, in general, we apply an absolute valuation method to find Aave's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aave's related companies.
| Open | High | Low | Close | Volume | |
| 72.53 | 75.59 | 71.75 | 74.33 | 3,471,676 | |
07/21/2023 | 74.33 | 75.02 | 70.85 | 71.76 | 1,444,012 |
| 99.43 | 108.44 | 99.31 | 105.20 | 9,034,144 |
| Backtest Aave | | | Aave History | Previous | Next |
Aave Trading Date Momentum on January 30, 2024
| On May 25 2024 Aave was traded for 105.20 at the closing time. The highest price during the trading period was 108.44 and the lowest recorded bid was listed for 99.31 . The volume for the day was 9 M. This history from May 25, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 46.60% . The overall trading delta to the current price is 38.56% . |
About Aave Crypto Coin history
Aave 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 Aave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aave 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.
Aave Crypto Coin Technical Analysis
Aave technical crypto coin 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, crypto market cycles, or different charting patterns.
Price Boundaries
Aave Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Aave cannot be verified against its exchange. Please verify the symbol is currently traded on CRYPTO Exchanges. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Aave December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Aave crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aave shares will generate the highest return on investment.
Aave Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aave's price direction in advance. Along with the technical and fundamental analysis of Aave Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aave 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 | 0.158 | |||
| Jensen Alpha | 1.33 | |||
| Total Risk Alpha | 0.2925 | |||
| Sortino Ratio | 0.2651 | |||
| Treynor Ratio | (3.56) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aave. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.