BCD Price on July 21, 2023
| BCD Crypto | USD 0.08 0.01 13.98% |
If you're considering investing in BCD Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of BCD stands at 0.08, as last reported on the 22nd of November, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. BCD appears to be unreasonably risky, given 3 months investment horizon. BCD secures Sharpe Ratio (or Efficiency) of 0.0772, which signifies that digital coin had a 0.0772% return per unit of risk over the last 3 months. By evaluating BCD's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please makes use of BCD's coefficient of variation of 2026.89, and Mean Deviation of 4.1 to double-check if our risk estimates are consistent with your expectations.
BCD Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
BCD |
Sharpe Ratio = 0.0772
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.86 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average BCD is performing at about 6% 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 BCD by adding it to a well-diversified portfolio.
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BCD Valuation on July 21, 2023
It is possible to determine the worth of BCD on a given historical date. On July 21, 2023 BCD was worth 0.0957 at the beginning of the trading date compared to the closed value of 0.0953. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BCD crypto coin. Still, in general, we apply an absolute valuation method to find BCD'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 BCD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BCD's related companies.
| Open | High | Low | Close | Volume | |
| 0.06 | 0.1 | 0.06 | 0.1 | 35.36 | |
07/21/2023 | 0.1 | 0.1 | 0.1 | 0.1 | 1.00 |
| 0.09 | 0.09 | 0.07 | 0.08 | 87,414 |
| Backtest BCD | | | BCD History | Previous | Next |
BCD Trading Date Momentum on July 21, 2023
| On May 25 2024 BCD was traded for 0.08 at the closing time. The maximum traded price for the trading interval was 0.09 and the lowest daily price was 0.07 . The daily volume was recorded at 87.4 K. The volume of trading on 25th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 20.78% . The overall trading delta to the closing price today is 8.60% . |
About BCD Crypto Coin history
BCD 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 BCD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BCD 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.
BCD Crypto Coin Technical Analysis
BCD 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
BCD Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
BCD 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.
BCD November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how BCD 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 BCD shares will generate the highest return on investment.
BCD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BCD's price direction in advance. Along with the technical and fundamental analysis of BCD Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of BCD 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 | 0.0462 | |||
| Jensen Alpha | 0.328 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0451 | |||
| Treynor Ratio | 0.835 |
| 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 BCD. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.