DNT Price on October 3, 2024
DNT Crypto | USD 0.05 0 5.72% |
If you're considering investing in DNT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of DNT stands at 0.05, as last reported on the 25th of November, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day. DNT appears to be abnormally risky, given 3 months investment horizon. DNT secures Sharpe Ratio (or Efficiency) of 0.0724, which denotes digital coin had a 0.0724% return per unit of volatility over the last 3 months. By evaluating DNT's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please utilize DNT's Mean Deviation of 4.92, market risk adjusted performance of (0.42), and Downside Deviation of 6.9 to check if our risk estimates are consistent with your expectations.
DNT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
DNT |
Sharpe Ratio = 0.0724
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Estimated Market Risk
12.22 actual daily | 96 96% of assets are less volatile |
Expected Return
0.89 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average DNT is performing at about 5% 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 DNT by adding it to a well-diversified portfolio.
DNT Valuation on October 3, 2024
It is possible to determine the worth of DNT on a given historical date. On October 3, 2024 DNT was worth 0.033 at the beginning of the trading date compared to the closed value of 0.0357. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DNT crypto coin. Still, in general, we apply an absolute valuation method to find DNT'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 DNT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DNT's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 1,696,729 | |
10/03/2024 | 0.03 | 0.04 | 0.03 | 0.04 | 22,557,021 |
0.04 | 0.04 | 0.03 | 0.03 | 4,985,370 |
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DNT Trading Date Momentum on October 3, 2024
On October 04 2024 DNT was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.03 . The daily volume was recorded at 5 M. The volume of trading on 4th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.48% . The overall trading delta to the closing price today is 3.36% . |
About DNT Crypto Coin history
DNT 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 DNT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DNT 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.
DNT Crypto Coin Technical Analysis
DNT 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
DNT Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
DNT 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.
DNT November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how DNT 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 DNT shares will generate the highest return on investment.
DNT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DNT's price direction in advance. Along with the technical and fundamental analysis of DNT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of DNT 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 | 0.0649 | |||
Jensen Alpha | 1.11 | |||
Total Risk Alpha | (1.04) | |||
Sortino Ratio | 0.1083 | |||
Treynor Ratio | (0.43) |
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DNT. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.