Dymension Price on November 22, 2024
| DYM Crypto | USD 2.02 0.25 14.12% |
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 2.02, as last reported on the 25th of November, with the highest price reaching 2.15 and the lowest price hitting 1.77 during the day. Dymension appears to be unusually volatile, given 3 months investment horizon. Dymension secures Sharpe Ratio (or Efficiency) of 0.11, which denotes digital coin had a 0.11% return per unit of risk over the last 3 months. By reviewing Dymension's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize Dymension's Downside Deviation of 6.39, mean deviation of 5.4, and Coefficient Of Variation of 1592.66 to check if our risk estimates are consistent with your expectations.
Dymension Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Dymension |
Sharpe Ratio = 0.1053
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Estimated Market Risk
| 6.98 actual daily | 62 62% of assets are less volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Dymension is performing at about 8% 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 Dymension by adding it to a well-diversified portfolio.
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Dymension Valuation on November 22, 2024
It is possible to determine the worth of Dymension on a given historical date. On November 22, 2024 Dymension was worth 1.77 at the beginning of the trading date compared to the closed value of 2.02. 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 | |
| 1.67 | 1.80 | 1.62 | 1.77 | 49,623 | |
11/22/2024 | 1.77 | 2.15 | 1.77 | 2.02 | 102,431 |
| 1.77 | 2.15 | 1.77 | 2.02 | 0.00 |
| Backtest Dymension | | | Dymension History | Previous | Next |
Dymension Trading Date Momentum on November 22, 2024
| On November 25 2024 Dymension was traded for 2.02 at the closing time. The maximum traded price for the trading interval was 2.15 and the lowest daily price was 1.77 . There was no trading activity during the period 0.0. Lack of trading volume on 25th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 12.52% . |
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 | November 25, 2024
| 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 November 25, 2024 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 | 0.0571 | |||
| Jensen Alpha | 0.3111 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0505 | |||
| Treynor Ratio | 0.4046 |
| Cycle Indicators | ||
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| 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.