ELEC Price on November 25, 2024
| ELEC Crypto | USD 0.0002 0.000025 13.23% |
If you're considering investing in ELEC Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ELEC stands at 0.0002, as last reported on the 28th of November, with the highest price reaching 0.0002 and the lowest price hitting 0.0002 during the day. ELEC appears to be exceptionally volatile, given 3 months investment horizon. ELEC secures Sharpe Ratio (or Efficiency) of 0.0577, which denotes digital coin had a 0.0577% return per unit of return volatility over the last 3 months. By analyzing ELEC's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize ELEC's mean deviation of 6.15, and Downside Deviation of 8.17 to check if our risk estimates are consistent with your expectations.
ELEC Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ELEC |
Sharpe Ratio = 0.0577
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Estimated Market Risk
| 9.16 actual daily | 81 81% of assets are less volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average ELEC is performing at about 4% 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 ELEC by adding it to a well-diversified portfolio.
ELEC Valuation on November 25, 2024
It is possible to determine the worth of ELEC on a given historical date. On November 25, 2024 ELEC was worth 1.81E-4 at the beginning of the trading date compared to the closed value of 1.76E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ELEC crypto coin. Still, in general, we apply an absolute valuation method to find ELEC'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 ELEC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ELEC's related companies.
| Open | High | Low | Close | Volume | |
| 0.0002 | 0.0002 | 0.0001 | 0.0002 | 5,881,942 | |
11/25/2024 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 15,524 |
| 0.0002 | 0.0002 | 0.0002 | 0.0002 | 1,357,484 |
| Backtest ELEC | | | ELEC History | Previous | Next |
ELEC Trading Date Momentum on November 25, 2024
| On November 26 2024 ELEC was traded for 0.0002 at the closing time. The highest price during the trading period was 0.0002 and the lowest recorded bid was listed for 0.0002 . The volume for the day was 1.4 M. This history from November 26, 2024 did not affect price variability. The overall trading delta to the current price is 6.25% . |
About ELEC Crypto Coin history
ELEC 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 ELEC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ELEC 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.
ELEC Crypto Coin Technical Analysis
ELEC 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
ELEC Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
ELEC 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.
ELEC November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ELEC 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 ELEC shares will generate the highest return on investment.
ELEC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ELEC's price direction in advance. Along with the technical and fundamental analysis of ELEC Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ELEC 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 | 0.0548 | |||
| Jensen Alpha | 0.4841 | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | 0.0496 | |||
| Treynor Ratio | 1.64 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ELEC. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.