Dai Price on November 5, 2024
DAI Crypto | USD 1.00 0.00 0.00% |
If you're considering investing in Dai Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Dai stands at 1.00, as last reported on the 29th of November, with the highest price reaching 1.00 and the lowest price hitting 1.00 during the day. We have found three technical indicators for Dai, which you can use to evaluate the volatility of coin.
Dai Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Dai |
Sharpe Ratio = 0.0
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Based on monthly moving average Dai 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 Dai by adding Dai to a well-diversified portfolio.
Dai Valuation on November 5, 2024
It is possible to determine the worth of Dai on a given historical date. On November 5, 2024 Dai was worth 1.0 at the beginning of the trading date compared to the closed value of 1.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dai crypto coin. Still, in general, we apply an absolute valuation method to find Dai'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 Dai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dai's related companies.
Open | High | Low | Close | Volume | |
1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
11/05/2024 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
1.00 | 1.00 | 1.00 | 1.00 | 9.08 |
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Dai Trading Date Momentum on November 5, 2024
On November 06 2024 Dai was traded for 1.00 at the closing time. The maximum traded price for the trading interval was 1.00 and the lowest daily price was 1.00 . The daily volume was recorded at 9.08. The volume of trading on 6th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
About Dai Crypto Coin history
Dai 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 Dai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dai 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.
Dai Crypto Coin Technical Analysis
Dai 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
Dai Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Dai 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.
Dai November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Dai 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 Dai shares will generate the highest return on investment.
When determining whether Dai offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dai's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dai Crypto. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dai. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.