BounceBit Price on November 11, 2024
| BB Crypto | 0.31 0.03 10.71% |
If you're considering investing in BounceBit Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of BounceBit stands at 0.31, as last reported on the 22nd of November, with the highest price reaching 0.31 and the lowest price hitting 0.31 during the day. BounceBit appears to be unusually volatile, given 3 months investment horizon. BounceBit secures Sharpe Ratio (or Efficiency) of 0.0568, which signifies that digital coin had a 0.0568% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for BounceBit, which you can use to evaluate the volatility of coin. Please makes use of BounceBit's Risk Adjusted Performance of 0.0138, mean deviation of 5.06, and Downside Deviation of 8.25 to double-check if our risk estimates are consistent with your expectations.
BounceBit Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
BounceBit |
Sharpe Ratio = 0.0568
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average BounceBit is performing at about 4% 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 BounceBit by adding it to a well-diversified portfolio.
BounceBit Valuation on November 11, 2024
It is possible to determine the worth of BounceBit on a given historical date. On November 11, 2024 BounceBit was worth 0.36 at the beginning of the trading date compared to the closed value of 0.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BounceBit crypto coin. Still, in general, we apply an absolute valuation method to find BounceBit'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 BounceBit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BounceBit's related companies.
| Open | High | Low | Close | Volume | |
| 0.28 | 0.31 | 0.28 | 0.31 | 521,152 | |
11/11/2024 | 0.36 | 0.38 | 0.33 | 0.34 | 2,149,318 |
| 0.34 | 0.35 | 0.31 | 0.32 | 1,032,027 |
| Backtest BounceBit | | | BounceBit History | Previous | Next |
BounceBit Trading Date Momentum on November 11, 2024
| On November 12 2024 BounceBit was traded for 0.32 at the closing time. The highest daily price throughout the period was 0.35 and the lowest price was 0.31 . The daily volume was 1 M. The net trading volume on 11/12/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.88% . The overall trading delta to current closing price is 8.82% . |
About BounceBit Crypto Coin history
BounceBit 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 BounceBit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BounceBit 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.
BounceBit Crypto Coin Technical Analysis
BounceBit 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
BounceBit Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
BounceBit 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.
BounceBit November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how BounceBit 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 BounceBit shares will generate the highest return on investment.
BounceBit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BounceBit's price direction in advance. Along with the technical and fundamental analysis of BounceBit Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of BounceBit 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 | 0.0138 | |||
| Jensen Alpha | 0.0646 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.10) |
| 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 BounceBit. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between BounceBit's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine BounceBit value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, BounceBit's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.