EMC2 Price on September 19, 2024
| EMC2 Crypto | USD 0.0005 0.000049 10.21% |
If you're considering investing in EMC2 Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of EMC2 stands at 0.0005, as last reported on the 28th of November, with the highest price reaching 0.0005 and the lowest price hitting 0.0005 during the day. EMC2 appears to be very volatile, given 3 months investment horizon. EMC2 retains Efficiency (Sharpe Ratio) of 0.27, which denotes digital coin had a 0.27% return per unit of risk over the last 3 months. By reviewing EMC2's technical indicators, you can evaluate if the expected return of 0.96% is justified by implied risk. Please utilize EMC2's Market Risk Adjusted Performance of 2.54, downside deviation of 2.72, and Coefficient Of Variation of 375.58 to check if our risk estimates are consistent with your expectations.
EMC2 Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
EMC2 |
Sharpe Ratio = 0.2716
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Estimated Market Risk
| 3.54 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.96 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average EMC2 is performing at about 21% 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 EMC2 by adding it to a well-diversified portfolio.
EMC2 Valuation on September 19, 2024
It is possible to determine the worth of EMC2 on a given historical date. On September 19, 2024 EMC2 was worth 3.15E-4 at the beginning of the trading date compared to the closed value of 3.16E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EMC2 crypto coin. Still, in general, we apply an absolute valuation method to find EMC2'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 EMC2 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EMC2's related companies.
| Open | High | Low | Close | Volume | |
| 0.0003 | 0.0003 | 0.0003 | 0.0003 | 1.00 | |
09/19/2024 | 0.0003 | 0.0003 | 0.0003 | 0.0003 | 1.00 |
| 0.0003 | 0.0003 | 0.0003 | 0.0003 | 1.00 |
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EMC2 Trading Date Momentum on September 19, 2024
| On September 20 2024 EMC2 was traded for 0.0003 at the closing time. The highest price during the trading period was 0.0003 and the lowest recorded bid was listed for 0.0003 . There was no trading activity during the period 1.0. Lack of trading volume on September 20, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.32% . The overall trading delta to the current price is 0.32% . |
About EMC2 Crypto Coin history
EMC2 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 EMC2 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EMC2 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.
EMC2 Crypto Coin Technical Analysis
EMC2 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
EMC2 Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
EMC2 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.
EMC2 November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how EMC2 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 EMC2 shares will generate the highest return on investment.
EMC2 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EMC2's price direction in advance. Along with the technical and fundamental analysis of EMC2 Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of EMC2 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 | 0.2118 | |||
| Jensen Alpha | 0.8851 | |||
| Total Risk Alpha | 0.3974 | |||
| Sortino Ratio | 0.2984 | |||
| Treynor Ratio | 2.53 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMC2. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.