Arweave Price on August 27, 2024
AR Crypto | USD 20.70 1.04 4.78% |
If you're considering investing in Arweave Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Arweave stands at 20.70, as last reported on the 25th of November, with the highest price reaching 20.88 and the lowest price hitting 20.14 during the day. At this point, Arweave is extremely risky. Arweave secures Sharpe Ratio (or Efficiency) of 0.0026, which signifies that digital coin had a 0.0026% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Arweave, which you can use to evaluate the volatility of coin. Please confirm Arweave's Standard Deviation of 5.56, risk adjusted performance of (0.01), and Mean Deviation of 4.2 to double-check if the risk estimate we provide is consistent with the expected return of 0.0143%.
Arweave Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Arweave |
Sharpe Ratio = 0.0026
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | AR |
Estimated Market Risk
5.47 actual daily | 48 52% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Arweave 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 Arweave by adding Arweave to a well-diversified portfolio.
Related Headline
Bitcoin Headline on 27th of August 2024
Crypto millionaires will rapidly rise in 2024 - Yahoo Financ... by news.google.com
Crypto millionaires will rapidly rise in 2024 Yahoo Finance
Arweave Valuation on August 27, 2024
It is possible to determine the worth of Arweave on a given historical date. On August 27, 2024 Arweave was worth 23.78 at the beginning of the trading date compared to the closed value of 22.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arweave crypto coin. Still, in general, we apply an absolute valuation method to find Arweave'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 Arweave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arweave's related companies.
Open | High | Low | Close | Volume | |
24.82 | 24.66 | 22.92 | 23.78 | 258,738 | |
08/27/2024 | 23.78 | 24.40 | 22.41 | 22.55 | 239,390 |
22.55 | 23.11 | 21.86 | 22.17 | 182,026 |
Backtest Arweave | | | Arweave History | Previous | Next |
Arweave Trading Date Momentum on August 27, 2024
On August 28 2024 Arweave was traded for 22.17 at the closing time. The highest daily price throughout the period was 23.11 and the lowest price was 21.86 . The daily volume was 182 K. The net trading volume on 08/28/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.69% . The overall trading delta to current closing price is 11.31% . |
About Arweave Crypto Coin history
Arweave 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 Arweave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arweave 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.
Arweave Crypto Coin Technical Analysis
Arweave 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
Arweave Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Arweave 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.
Arweave November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Arweave 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 Arweave shares will generate the highest return on investment.
Arweave Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arweave's price direction in advance. Along with the technical and fundamental analysis of Arweave Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arweave 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 | (0.01) | |||
Jensen Alpha | (0.41) | |||
Total Risk Alpha | (1.02) | |||
Treynor Ratio | (0.06) |
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 Arweave. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.