Bitcoin Cash Price on November 15, 2024
| BCH Crypto | USD 510.47 19.36 3.94% |
If you're considering investing in Bitcoin Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Bitcoin Cash stands at 510.47, as last reported on the 24th of November, with the highest price reaching 567.12 and the lowest price hitting 487.32 during the day. Bitcoin Cash appears to be very risky, given 3 months investment horizon. Bitcoin Cash secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that digital coin had a 0.19% return per unit of risk over the last 3 months. By analyzing Bitcoin Cash's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please makes use of Bitcoin Cash's Mean Deviation of 3.14, risk adjusted performance of 0.1164, and Downside Deviation of 3.73 to double-check if our risk estimates are consistent with your expectations.
Bitcoin Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitcoin |
Sharpe Ratio = 0.1902
| Best Portfolio | Best Equity | |||
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| Small Returns | BCH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Bitcoin Cash is performing at about 14% 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 Bitcoin Cash by adding it to a well-diversified portfolio.
Bitcoin Cash Valuation on November 15, 2024
It is possible to determine the worth of Bitcoin Cash on a given historical date. On November 15, 2024 Bitcoin was worth 431.74 at the beginning of the trading date compared to the closed value of 461.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitcoin Cash crypto coin. Still, in general, we apply an absolute valuation method to find Bitcoin Cash'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 Bitcoin Cash where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitcoin Cash's related companies.
| Open | High | Low | Close | Volume | |
| 414.92 | 436.21 | 410.10 | 431.74 | 13,032,493 | |
11/15/2024 | 431.74 | 483.60 | 428.88 | 461.62 | 32,228,644 |
| 452.65 | 460.19 | 438.86 | 447.29 | 19,591,562 |
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Bitcoin Cash Trading Date Momentum on November 15, 2024
| On November 18 2024 Bitcoin Cash was traded for 447.29 at the closing time. The maximum traded price for the trading interval was 460.19 and the lowest daily price was 438.86 . The daily volume was recorded at 19.6 M. The volume of trading on 18th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.10% . The overall trading delta to the closing price today is 6.39% . |
About Bitcoin Cash Crypto Coin history
Bitcoin Cash 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 Bitcoin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bitcoin Cash 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.
Bitcoin Cash Crypto Coin Technical Analysis
Bitcoin Cash 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
Bitcoin Cash Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Bitcoin Cash 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.
Bitcoin Cash November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Bitcoin Cash 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 Bitcoin Cash shares will generate the highest return on investment.
Bitcoin Cash Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitcoin Cash's price direction in advance. Along with the technical and fundamental analysis of Bitcoin Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitcoin 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 | 0.1164 | |||
| Jensen Alpha | 0.5591 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1269 | |||
| Treynor Ratio | 2.07 |
| Cycle Indicators | ||
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| 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 Bitcoin Cash. 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.