Bifrost Price on November 20, 2024
| BFC Crypto | USD 0.05 0 2.39% |
If you're considering investing in Bifrost Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Bifrost stands at 0.05, as last reported on the 25th of November, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day. Bifrost appears to be very volatile, given 3 months investment horizon. Bifrost secures Sharpe Ratio (or Efficiency) of 0.0927, which signifies that digital coin had a 0.0927% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Bifrost, which you can use to evaluate the volatility of coin. Please makes use of Bifrost's risk adjusted performance of 0.0501, and Mean Deviation of 2.53 to double-check if our risk estimates are consistent with your expectations.
Bifrost Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Bifrost |
Sharpe Ratio = 0.0927
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Bifrost is performing at about 7% 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 Bifrost by adding it to a well-diversified portfolio.
Bifrost Valuation on November 20, 2024
It is possible to determine the worth of Bifrost on a given historical date. On November 20, 2024 Bifrost was worth 0.0472 at the beginning of the trading date compared to the closed value of 0.0473. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bifrost crypto coin. Still, in general, we apply an absolute valuation method to find Bifrost'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 Bifrost where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bifrost's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.05 | 0.05 | 3,697,990 | |
11/20/2024 | 0.05 | 0.05 | 0.05 | 0.05 | 5,734,654 |
| 0.05 | 0.05 | 0.05 | 0.05 | 2,349,428 |
| Backtest Bifrost | | | Bifrost History | Previous | Next |
Bifrost Trading Date Momentum on November 20, 2024
| On November 21 2024 Bifrost was traded for 0.05 at the closing time. The maximum traded price for the trading interval was 0.05 and the lowest daily price was 0.05 . The daily volume was recorded at 2.3 M. The volume of trading on 21st of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.59% . The overall trading delta to the closing price today is 0.21% . |
About Bifrost Crypto Coin history
Bifrost 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 Bifrost is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bifrost 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.
Bifrost Crypto Coin Technical Analysis
Bifrost 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
Bifrost Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Bifrost 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.
Bifrost November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Bifrost 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 Bifrost shares will generate the highest return on investment.
Bifrost Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bifrost's price direction in advance. Along with the technical and fundamental analysis of Bifrost Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bifrost 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 | 0.0501 | |||
| Jensen Alpha | 0.2661 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0175 | |||
| Treynor Ratio | (0.29) |
| Cycle Indicators | ||
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| 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 Bifrost. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.