EigenLayer Price on November 20, 2024
| EIGEN Crypto | USD 3.14 0.36 12.95% |
If you're considering investing in EigenLayer Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of EigenLayer stands at 3.14, as last reported on the 26th of November, with the highest price reaching 3.17 and the lowest price hitting 3.13 during the day. EigenLayer is abnormally risky given 3 months investment horizon. EigenLayer secures Sharpe Ratio (or Efficiency) of 0.12, which denotes digital coin had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.62% are justified by taking the suggested risk. Use EigenLayer Standard Deviation of 6.2, variance of 38.49, and Mean Deviation of 3.81 to evaluate coin specific risk that cannot be diversified away.
EigenLayer Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
EigenLayer |
Sharpe Ratio = 0.1248
| Best Portfolio | Best Equity | EIGEN | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.17 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average EigenLayer is performing at about 9% 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 EigenLayer by adding it to a well-diversified portfolio.
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EigenLayer Valuation on November 20, 2024
It is possible to determine the worth of EigenLayer on a given historical date. On November 20, 2024 EigenLayer was worth 2.22 at the beginning of the trading date compared to the closed value of 2.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EigenLayer crypto coin. Still, in general, we apply an absolute valuation method to find EigenLayer'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 EigenLayer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EigenLayer's related companies.
| Open | High | Low | Close | Volume | |
| 2.42 | 2.42 | 2.19 | 2.22 | 1,116,528 | |
11/20/2024 | 2.22 | 2.83 | 2.15 | 2.61 | 2,700,947 |
| 2.61 | 2.74 | 2.43 | 2.60 | 1,502,569 |
| Backtest EigenLayer | | | EigenLayer History | Previous | Next |
EigenLayer Trading Date Momentum on November 20, 2024
| On November 21 2024 EigenLayer was traded for 2.60 at the closing time. The highest price during the trading period was 2.74 and the lowest recorded bid was listed for 2.43 . The volume for the day was 1.5 M. This history from November 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.38% . The overall trading delta to the current price is 21.46% . |
About EigenLayer Crypto Coin history
EigenLayer 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 EigenLayer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EigenLayer 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.
EigenLayer Crypto Coin Technical Analysis
EigenLayer 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
EigenLayer Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
EigenLayer 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.
EigenLayer November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how EigenLayer 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 EigenLayer shares will generate the highest return on investment.
EigenLayer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EigenLayer's price direction in advance. Along with the technical and fundamental analysis of EigenLayer Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of EigenLayer 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 | (0.02) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (1.18) | |||
| Treynor Ratio | (0.16) |
| Cycle Indicators | ||
| 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 EigenLayer. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.