Bitcoin Price on November 25, 2024
| BTC Crypto | USD 96,474 1,037 1.06% |
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 stands at 96,474, as last reported on the 1st of December, with the highest price reaching 97,514 and the lowest price hitting 96,137 during the day. Bitcoin appears to be very volatile, given 3 months investment horizon. Bitcoin secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that digital coin had a 0.25% return per unit of risk over the last 3 months. By analyzing Bitcoin's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please makes use of Bitcoin's Downside Deviation of 2.62, mean deviation of 2.24, and Risk Adjusted Performance of 0.1907 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 = 0.2527
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.33 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Bitcoin is performing at about 19% 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 by adding it to a well-diversified portfolio.
Bitcoin Valuation on November 25, 2024
It is possible to determine the worth of Bitcoin on a given historical date. On November 25, 2024 Bitcoin was worth 93019.38 at the beginning of the trading date compared to the closed value of 91903.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitcoin crypto coin. Still, in general, we apply an absolute valuation method to find Bitcoin'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitcoin's related companies.
| Open | High | Low | Close | Volume | |
| 99,011 | 99,024 | 97,219 | 97,765 | (2,853,515,161) | |
11/25/2024 | 93,019 | 95,008 | 90,731 | 91,904 | (7,149,989,231) |
| 91,904 | 97,374 | 91,757 | 95,958 | 4,533,935,505 |
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Bitcoin Trading Date Momentum on November 25, 2024
| On November 26 2024 Bitcoin was traded for 95,958 at the closing time. The maximum traded price for the trading interval was 97,374 and the lowest daily price was 91,757 . The daily volume was recorded at 4.5 B. The volume of trading on 26th of November 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 4.41% . The overall trading delta to the closing price today is 6.10% . |
About Bitcoin Crypto Coin history
Bitcoin 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 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 Crypto Coin Technical Analysis
Bitcoin 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 Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Bitcoin December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Bitcoin 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 shares will generate the highest return on investment.
Bitcoin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bitcoin'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 | 0.1907 | |||
| Jensen Alpha | 0.7696 | |||
| Total Risk Alpha | 0.2325 | |||
| Sortino Ratio | 0.2532 | |||
| Treynor Ratio | 4.58 |
| 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 Bitcoin. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.