EKO Price on October 21, 2024
EKO Crypto | USD 0.00001 0.000001 11.11% |
If you're considering investing in EKO Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of EKO stands at 0.00001, as last reported on the 28th of November, with the highest price reaching 0.00001 and the lowest price hitting 0.00001 during the day. EKO is abnormally risky given 3 months investment horizon. EKO secures Sharpe Ratio (or Efficiency) of 0.25, which denotes digital coin had a 0.25% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 40.52% are justified by taking the suggested risk. Use EKO Downside Deviation of 61.43, semi deviation of 26.51, and Mean Deviation of 83.46 to evaluate coin specific risk that cannot be diversified away.
EKO Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
EKO |
Sharpe Ratio = 0.2459
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Estimated Market Risk
164.77 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
0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average EKO 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 EKO by adding it to a well-diversified portfolio.
EKO Valuation on October 21, 2024
It is possible to determine the worth of EKO on a given historical date. On October 21, 2024 EKO was worth 7.0E-6 at the beginning of the trading date compared to the closed value of 7.0E-6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EKO crypto coin. Still, in general, we apply an absolute valuation method to find EKO'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 EKO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EKO's related companies.
Open | High | Low | Close | Volume | |
0.000007 | 0.000007 | 0.000007 | 0.000007 | 1.00 | |
10/21/2024 | 0.000007 | 0.000007 | 0.000007 | 0.000007 | 20.00 |
0.000001 | 0.000001 | 0.000001 | 0.000001 | 20.00 |
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EKO Trading Date Momentum on October 21, 2024
On October 22 2024 EKO was traded for 0.000001 at the closing time. The maximum traded price for the trading interval was 0.000001 and the lowest daily price was 0.000001 . The daily volume was recorded at 20.0. The volume of trading on 22nd of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 85.71% . The overall trading delta to the closing price today is 0.00% . |
About EKO Crypto Coin history
EKO 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 EKO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EKO 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.
EKO Crypto Coin Technical Analysis
EKO 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
EKO Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
EKO 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.
EKO November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how EKO 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 EKO shares will generate the highest return on investment.
EKO Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EKO's price direction in advance. Along with the technical and fundamental analysis of EKO Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of EKO 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 | 0.1969 | |||
Jensen Alpha | 40.19 | |||
Total Risk Alpha | 15.27 | |||
Sortino Ratio | 0.6476 | |||
Treynor Ratio | (15.77) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EKO. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .