AKRO Price on October 23, 2024
AKRO Crypto | USD 0 0.0002 4.73% |
If you're considering investing in AKRO Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of AKRO stands at 0, as last reported on the 28th of November, with the highest price reaching 0 and the lowest price hitting 0 during the day. At this point, AKRO is very risky. AKRO secures Sharpe Ratio (or Efficiency) of 0.0114, which signifies that digital coin had a 0.0114% return per unit of risk over the last 3 months. We have found six technical indicators for AKRO, which you can use to evaluate the volatility of coin. Please confirm AKRO's day median price of 0.0044, and Daily Balance Of Power of 9.2 T to double-check if the risk estimate we provide is consistent with the expected return of 0.05%.
AKRO Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
AKRO |
Sharpe Ratio = 0.0114
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Estimated Market Risk
4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AKRO is not performing at its full potential. However, 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 AKRO by adding AKRO to a well-diversified portfolio.
AKRO Valuation on October 23, 2024
It is possible to determine the worth of AKRO on a given historical date. On October 23, 2024 AKRO was worth 0.00402 at the beginning of the trading date compared to the closed value of 0.00417. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AKRO crypto coin. Still, in general, we apply an absolute valuation method to find AKRO'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 AKRO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AKRO's related companies.
Open | High | Low | Close | Volume | |
0 | 0 | 0 | 0 | 6,924 | |
10/23/2024 | 0 | 0 | 0 | 0 | 9,173 |
0 | 0 | 0 | 0 | 8,090 |
Backtest AKRO | | | AKRO History | Previous | Next |
AKRO Trading Date Momentum on October 23, 2024
On October 24 2024 AKRO was traded for 0 at the closing time. The highest price during the trading period was 0 and the lowest recorded bid was listed for 0 . The volume for the day was 8.1 K. This history from October 24, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.44% . The overall trading delta to the current price is 11.75% . |
About AKRO Crypto Coin history
AKRO 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 AKRO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AKRO 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.
AKRO Crypto Coin Technical Analysis
AKRO 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
AKRO Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
AKRO 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.
AKRO November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how AKRO 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 AKRO shares will generate the highest return on investment.
When determining whether AKRO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AKRO'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 Akro Crypto. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AKRO. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.