CHP Price on September 13, 2024
CHP Crypto | USD 0.000034 0.000001 3.03% |
If you're considering investing in CHP Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of CHP stands at 0.000034, as last reported on the 25th of November, with the highest price reaching 0.000034 and the lowest price hitting 0.000033 during the day. CHP secures Sharpe Ratio (or Efficiency) of -0.0758, which signifies that digital coin had a -0.0758% return per unit of risk over the last 3 months. CHP exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHP's risk adjusted performance of 0.0799, and Mean Deviation of 8.64 to double-check the risk estimate we provide.
CHP Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
CHP |
Sharpe Ratio = -0.0758
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | CHP |
Estimated Market Risk
11.45 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.87 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CHP is not performing at its full potential. However, 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 CHP by adding CHP to a well-diversified portfolio.
CHP Valuation on September 13, 2024
It is possible to determine the worth of CHP on a given historical date. On September 13, 2024 CHP was worth 1.95E-4 at the beginning of the trading date compared to the closed value of 1.94E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHP crypto coin. Still, in general, we apply an absolute valuation method to find CHP'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 CHP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHP's related companies.
Open | High | Low | Close | Volume | |
0.0002 | 0.0002 | 0.0002 | 0.0002 | 1.00 | |
09/13/2024 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 1.00 |
0.0002 | 0.0002 | 0.0002 | 0.0002 | 1.00 |
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CHP Trading Date Momentum on September 13, 2024
On September 16 2024 CHP was traded for 0.0002 at the closing time. The maximum traded price for the trading interval was 0.0002 and the lowest daily price was 0.0002 . There was no trading activity during the period 1.0. Lack of trading volume on 16th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.61% . The overall trading delta to the closing price today is 86.60% . |
About CHP Crypto Coin history
CHP 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 CHP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CHP 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.
CHP Crypto Coin Technical Analysis
CHP 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
CHP Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
CHP 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.
CHP November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how CHP 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 CHP shares will generate the highest return on investment.
CHP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHP's price direction in advance. Along with the technical and fundamental analysis of CHP Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHP 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 | 0.0799 | |||
Jensen Alpha | 2.08 | |||
Total Risk Alpha | (2.24) | |||
Sortino Ratio | 0.1291 | |||
Treynor Ratio | 0.3703 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CHP. 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 Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.