Dymension Price on September 30, 2024
DYM Crypto | USD 0.44 0.02 4.76% |
If you're considering investing in Dymension Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Dymension stands at 0.44, as last reported on the 26th of February, with the highest price reaching 0.44 and the lowest price hitting 0.43 during the day. Dymension secures Sharpe Ratio (or Efficiency) of -0.29, which denotes digital coin had a -0.29 % return per unit of risk over the last 3 months. Dymension exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dymension's Mean Deviation of 6.14, variance of 62.55, and Standard Deviation of 7.91 to check the risk estimate we provide.
Dymension Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Dymension |
Sharpe Ratio = -0.2878
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DYM |
Estimated Market Risk
8.07 actual daily | 71 71% of assets are less volatile |
Expected Return
-2.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.29 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dymension 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 Dymension by adding Dymension to a well-diversified portfolio.
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Dymension Valuation on September 30, 2024
It is possible to determine the worth of Dymension on a given historical date. On September 30, 2024 Dymension was worth 1.72 at the beginning of the trading date compared to the closed value of 1.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dymension crypto coin. Still, in general, we apply an absolute valuation method to find Dymension'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 Dymension where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dymension's related companies.
Open | High | Low | Close | Volume | |
1.90 | 1.94 | 1.77 | 1.81 | 16,349 | |
09/30/2024 | 1.72 | 1.88 | 1.45 | 1.49 | 59,009 |
1.49 | 1.73 | 1.41 | 1.45 | 24,882 |
Backtest Dymension | | | Dymension History | Previous | Next |
Dymension Trading Date Momentum on September 30, 2024
On October 01 2024 Dymension was traded for 1.45 at the closing time. The maximum traded price for the trading interval was 1.73 and the lowest daily price was 1.41 . The daily volume was recorded at 24.9 K. The volume of trading on 1st of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.68% . The overall trading delta to the closing price today is 6.04% . |
About Dymension Crypto Coin history
Dymension 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 Dymension is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dymension 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.
Dymension Crypto Coin Technical Analysis
Dymension 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
Dymension Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Dymension 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.
Dymension February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Dymension 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 Dymension shares will generate the highest return on investment.
Dymension Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dymension's price direction in advance. Along with the technical and fundamental analysis of Dymension Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dymension 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 | (0.19) | |||
Jensen Alpha | (2.19) | |||
Total Risk Alpha | (2.25) | |||
Treynor Ratio | 1.5 |
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Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dymension. 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.