Centrifuge Price on November 27, 2024
| CFG Crypto | USD 0.40 0.01 2.44% |
If you're considering investing in Centrifuge Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Centrifuge stands at 0.40, as last reported on the 30th of November, with the highest price reaching 0.41 and the lowest price hitting 0.40 during the day. Centrifuge appears to be extremely risky, given 3 months investment horizon. Centrifuge secures Sharpe Ratio (or Efficiency) of 0.0821, which signifies that digital coin had a 0.0821% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Centrifuge, which you can use to evaluate the volatility of coin. Please makes use of Centrifuge's Downside Deviation of 6.44, risk adjusted performance of 0.0642, and Mean Deviation of 3.86 to double-check if our risk estimates are consistent with your expectations.
Centrifuge Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Centrifuge |
Sharpe Ratio = 0.0821
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Estimated Market Risk
| 5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Centrifuge 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 Centrifuge by adding it to a well-diversified portfolio.
Centrifuge Valuation on November 27, 2024
It is possible to determine the worth of Centrifuge on a given historical date. On November 27, 2024 Centrifuge was worth 0.41 at the beginning of the trading date compared to the closed value of 0.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Centrifuge crypto coin. Still, in general, we apply an absolute valuation method to find Centrifuge'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 Centrifuge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Centrifuge's related companies.
| Open | High | Low | Close | Volume | |
| 0.38 | 0.42 | 0.38 | 0.41 | 155,318 | |
11/27/2024 | 0.41 | 0.43 | 0.40 | 0.40 | 270,265 |
| 0.40 | 0.41 | 0.39 | 0.41 | 133,037 |
| Backtest Centrifuge | | | Centrifuge History | Previous | Next |
Centrifuge Trading Date Momentum on November 27, 2024
| On November 28 2024 Centrifuge was traded for 0.41 at the closing time. The maximum traded price for the trading interval was 0.41 and the lowest daily price was 0.39 . The daily volume was recorded at 133 K. The volume of trading on 28th of November 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 2.50% . The overall trading delta to the closing price today is 2.50% . |
About Centrifuge Crypto Coin history
Centrifuge 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 Centrifuge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Centrifuge 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.
Centrifuge Crypto Coin Technical Analysis
Centrifuge 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
Centrifuge Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Centrifuge 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.
Centrifuge November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Centrifuge 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 Centrifuge shares will generate the highest return on investment.
Centrifuge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Centrifuge's price direction in advance. Along with the technical and fundamental analysis of Centrifuge Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centrifuge 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 | 0.0642 | |||
| Jensen Alpha | 0.4446 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0385 | |||
| Treynor Ratio | (0.69) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centrifuge. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.