Nervos Network Price on November 28, 2024
| CKB Crypto | USD 0.02 0.0007 4.46% |
If you're considering investing in Nervos Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Nervos Network stands at 0.02, as last reported on the 1st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Nervos Network is exceptionally volatile given 3 months investment horizon. Nervos Network has Sharpe Ratio of 0.17, which conveys that digital coin had a 0.17% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Nervos Network Risk Adjusted Performance of 0.1359, mean deviation of 4.83, and Downside Deviation of 4.86 to evaluate coin specific risk that cannot be diversified away.
Nervos Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Nervos |
Sharpe Ratio = 0.1712
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.13 actual daily | 72 72% of assets are less volatile |
Expected Return
| 1.39 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nervos Network is performing at about 13% 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 Nervos Network by adding it to a well-diversified portfolio.
Nervos Network Valuation on November 28, 2024
It is possible to determine the worth of Nervos Network on a given historical date. On November 28, 2024 Nervos was worth 0.0155 at the beginning of the trading date compared to the closed value of 0.0157. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nervos Network crypto coin. Still, in general, we apply an absolute valuation method to find Nervos Network'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 Nervos Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nervos Network's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.01 | 0.02 | 1,646,550 | |
11/28/2024 | 0.02 | 0.02 | 0.01 | 0.02 | 2,274,519 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1,754,803 |
| Backtest Nervos Network | | | Nervos Network History | Previous | Next |
Nervos Network Trading Date Momentum on November 28, 2024
| On November 29 2024 Nervos Network was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.02 . The daily volume was recorded at 1.8 M. The volume of trading on 29th of November 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 4.46% . The trading delta at closing time to the closing price today is 0.13% . |
About Nervos Network Crypto Coin history
Nervos Network 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 Nervos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nervos Network 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.
Nervos Network Crypto Coin Technical Analysis
Nervos Network 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
Nervos Network Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nervos Network 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.
Nervos Network December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nervos Network 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 Nervos Network shares will generate the highest return on investment.
Nervos Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nervos Network's price direction in advance. Along with the technical and fundamental analysis of Nervos Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nervos 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 | 0.1359 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.2496 | |||
| Treynor Ratio | 2.09 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nervos Network. 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 Transaction History module to view history of all your transactions and understand their impact on performance.