DGTX Price on October 7, 2024
| DGTX Crypto | USD 0.000098 0.000001 1.01% |
If you're considering investing in DGTX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of DGTX stands at 0.000098, as last reported on the 25th of November, with the highest price reaching 0.000098 and the lowest price hitting 0.000098 during the day. DGTX appears to be very volatile, given 3 months investment horizon. DGTX secures Sharpe Ratio (or Efficiency) of 0.25, which denotes digital coin had a 0.25% return per unit of volatility over the last 3 months. By examining DGTX's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize DGTX's Downside Deviation of 3.48, market risk adjusted performance of 2.05, and Mean Deviation of 2.37 to check if our risk estimates are consistent with your expectations.
DGTX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
DGTX |
Sharpe Ratio = 0.247
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Estimated Market Risk
| 3.39 actual daily | 30 70% 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 DGTX 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 DGTX by adding it to a well-diversified portfolio.
DGTX Valuation on October 7, 2024
It is possible to determine the worth of DGTX on a given historical date. On October 7, 2024 DGTX was worth 6.2E-5 at the beginning of the trading date compared to the closed value of 6.2E-5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DGTX crypto coin. Still, in general, we apply an absolute valuation method to find DGTX'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 DGTX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DGTX's related companies.
| Open | High | Low | Close | Volume | |
| 0.000062 | 0.000062 | 0.000062 | 0.000062 | 1.00 | |
10/07/2024 | 0.000062 | 0.000062 | 0.000062 | 0.000062 | 1.00 |
| 0.000062 | 0.000061 | 0.000061 | 0.000061 | 1.00 |
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DGTX Trading Date Momentum on October 7, 2024
| On October 08 2024 DGTX was traded for 0.000061 at the closing time. The highest price during the trading period was 0.000061 and the lowest recorded bid was listed for 0.000061 . There was no trading activity during the period 1.0. Lack of trading volume on October 8, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.61% . The overall trading delta to the current price is 8.06% . |
About DGTX Crypto Coin history
DGTX 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 DGTX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DGTX 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.
DGTX Crypto Coin Technical Analysis
DGTX 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
DGTX Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
DGTX 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.
DGTX November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how DGTX 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 DGTX shares will generate the highest return on investment.
DGTX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DGTX's price direction in advance. Along with the technical and fundamental analysis of DGTX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of DGTX 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 | 0.1614 | |||
| Jensen Alpha | 0.6562 | |||
| Total Risk Alpha | 0.141 | |||
| Sortino Ratio | 0.1655 | |||
| Treynor Ratio | 2.04 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DGTX. 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.