BLZ Price on June 28, 2024
| BLZ Crypto | USD 0.16 0.01 6.67% |
If you're considering investing in BLZ Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of BLZ stands at 0.16, as last reported on the 1st of December, with the highest price reaching 0.16 and the lowest price hitting 0.14 during the day. BLZ appears to be unusually risky, given 3 months investment horizon. BLZ secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that digital coin had a 0.12% return per unit of volatility over the last 3 months. By analyzing BLZ's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please makes use of BLZ's risk adjusted performance of 0.071, and Mean Deviation of 4.72 to double-check if our risk estimates are consistent with your expectations.
BLZ Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
BLZ |
Sharpe Ratio = 0.123
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.19 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average BLZ is performing at about 9% 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 BLZ by adding it to a well-diversified portfolio.
BLZ Valuation on June 28, 2024
It is possible to determine the worth of BLZ on a given historical date. On June 28, 2024 BLZ was worth 0.27 at the beginning of the trading date compared to the closed value of 0.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BLZ crypto coin. Still, in general, we apply an absolute valuation method to find BLZ'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 BLZ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BLZ's related companies.
| Open | High | Low | Close | Volume | |
| 0.28 | 0.28 | 0.27 | 0.27 | 498,467 | |
06/28/2024 | 0.27 | 0.28 | 0.24 | 0.24 | 1,055,078 |
| 0.20 | 0.21 | 0.20 | 0.21 | 3,170,254 |
| Backtest BLZ | | | BLZ History | Previous | Next |
BLZ Trading Date Momentum on June 28, 2024
| On July 01 2024 BLZ was traded for 0.21 at the closing time. The maximum traded price for the trading interval was 0.21 and the lowest daily price was 0.20 . The daily volume was recorded at 3.2 M. The volume of trading on 1st of July 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 12.50% . The overall trading delta to the closing price today is 29.17% . |
About BLZ Crypto Coin history
BLZ 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 BLZ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BLZ 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.
BLZ Crypto Coin Technical Analysis
BLZ 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
BLZ Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
BLZ 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.
BLZ December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how BLZ 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 BLZ shares will generate the highest return on investment.
BLZ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BLZ's price direction in advance. Along with the technical and fundamental analysis of BLZ Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of BLZ 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 | 0.071 | |||
| Jensen Alpha | 0.483 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0424 | |||
| Treynor Ratio | 1.88 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BLZ. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.