Avalanche Price on July 30, 2024
| AVAX Crypto | USD 42.89 0.11 0.26% |
If you're considering investing in Avalanche Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Avalanche stands at 42.89, as last reported on the 28th of November, with the highest price reaching 43.03 and the lowest price hitting 42.57 during the day. Avalanche is extremely risky given 3 months investment horizon. Avalanche secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that digital coin had a 0.21% return per unit of standard deviation 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 1.11% are justified by taking the suggested risk. Use Avalanche mean deviation of 4.12, and Risk Adjusted Performance of 0.1686 to evaluate coin specific risk that cannot be diversified away.
Avalanche Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Avalanche |
Sharpe Ratio = 0.2088
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Estimated Market Risk
| 5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
| 1.11 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Avalanche 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 Avalanche by adding it to a well-diversified portfolio.
Avalanche Valuation on July 30, 2024
It is possible to determine the worth of Avalanche on a given historical date. On July 30, 2024 Avalanche was worth 26.32 at the beginning of the trading date compared to the closed value of 25.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avalanche crypto coin. Still, in general, we apply an absolute valuation method to find Avalanche'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 Avalanche where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avalanche's related companies.
| Open | High | Low | Close | Volume | |
| 26.97 | 27.30 | 26.02 | 26.32 | 12,382,524 | |
07/30/2024 | 26.32 | 26.85 | 25.42 | 25.70 | 12,574,715 |
| 25.70 | 25.91 | 24.02 | 25.70 | 14,727,161 |
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Avalanche Trading Date Momentum on July 30, 2024
| On July 31 2024 Avalanche was traded for 25.70 at the closing time. The highest price during the trading period was 25.91 and the lowest recorded bid was listed for 24.02 . The volume for the day was 14.7 M. This history from July 31, 2024 did not affect price variability. The overall trading delta to the current price is 15.37% . |
About Avalanche Crypto Coin history
Avalanche 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 Avalanche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avalanche 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.
Avalanche Crypto Coin Technical Analysis
Avalanche 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
Avalanche Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Avalanche November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Avalanche 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 Avalanche shares will generate the highest return on investment.
Avalanche Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avalanche's price direction in advance. Along with the technical and fundamental analysis of Avalanche Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avalanche 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 | 0.1686 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | 0.2998 | |||
| Sortino Ratio | 0.2386 | |||
| Treynor Ratio | 3.06 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalanche. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.