ESS Price on November 6, 2024
| ESS Crypto | USD 0.0002 0.000006 2.94% |
If you're considering investing in ESS Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ESS stands at 0.0002, as last reported on the 26th of November, with the highest price reaching 0.0002 and the lowest price hitting 0.0002 during the day. ESS appears to be abnormally risky, given 3 months investment horizon. ESS secures Sharpe Ratio (or Efficiency) of 0.0967, which denotes digital coin had a 0.0967% return per unit of volatility over the last 3 months. By evaluating ESS's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize ESS's Market Risk Adjusted Performance of 1.17, mean deviation of 5.87, and Downside Deviation of 8.38 to check if our risk estimates are consistent with your expectations.
ESS Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ESS |
Sharpe Ratio = 0.0967
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.46 actual daily | 84 84% of assets are less volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ESS is performing at about 7% 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 ESS by adding it to a well-diversified portfolio.
ESS Valuation on November 6, 2024
It is possible to determine the worth of ESS on a given historical date. On November 6, 2024 ESS was worth 2.18E-4 at the beginning of the trading date compared to the closed value of 2.03E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ESS crypto coin. Still, in general, we apply an absolute valuation method to find ESS'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 ESS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ESS's related companies.
| Open | High | Low | Close | Volume | |
| 0.0002 | 0.0002 | 0.0002 | 0.0002 | 13,775 | |
11/06/2024 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 24,553 |
| 0.0002 | 0.0002 | 0.0002 | 0.0002 | 312,080 |
| Backtest ESS | | | ESS History | Previous | Next |
ESS Trading Date Momentum on November 6, 2024
| On November 07 2024 ESS was traded for 0.0002 at the closing time. The maximum traded price for the trading interval was 0.0002 and the lowest daily price was 0.0002 . The daily volume was recorded at 312.1 K. The volume of trading on 7th of November 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 16.75% . The overall trading delta to the closing price today is 42.36% . |
About ESS Crypto Coin history
ESS 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 ESS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ESS 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.
ESS Crypto Coin Technical Analysis
ESS 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
ESS Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
ESS 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.
ESS November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ESS 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 ESS shares will generate the highest return on investment.
ESS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ESS's price direction in advance. Along with the technical and fundamental analysis of ESS Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ESS 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 | 0.0858 | |||
| Jensen Alpha | 0.8364 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | 0.097 | |||
| Treynor Ratio | 1.16 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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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 ESS. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.