Ethereum PoW Price on November 27, 2024
ETHW Crypto | USD 4.49 0.32 7.67% |
If you're considering investing in Ethereum Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Ethereum PoW stands at 4.49, as last reported on the 1st of December, with the highest price reaching 4.61 and the lowest price hitting 4.14 during the day. Ethereum PoW is unreasonably risky given 3 months investment horizon. Ethereum PoW secures Sharpe Ratio (or Efficiency) of 0.24, which denotes digital coin had a 0.24% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.75% are justified by taking the suggested risk. Use Ethereum PoW Coefficient Of Variation of 430.85, downside deviation of 5.75, and Mean Deviation of 5.5 to evaluate coin specific risk that cannot be diversified away.
Ethereum Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Ethereum |
Sharpe Ratio = 0.2373
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Estimated Market Risk
7.35 actual daily | 65 65% of assets are less volatile |
Expected Return
1.75 actual daily | 34 66% of assets have higher returns |
Risk-Adjusted Return
0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Ethereum PoW is performing at about 18% 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 Ethereum PoW by adding it to a well-diversified portfolio.
Ethereum PoW Valuation on November 27, 2024
It is possible to determine the worth of Ethereum PoW on a given historical date. On November 27, 2024 Ethereum was worth 4.34 at the beginning of the trading date compared to the closed value of 4.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ethereum PoW crypto coin. Still, in general, we apply an absolute valuation method to find Ethereum PoW'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 Ethereum PoW where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ethereum PoW's related companies.
Open | High | Low | Close | Volume | |
3.48 | 4.54 | 3.42 | 4.34 | 448,104 | |
11/27/2024 | 4.34 | 4.44 | 4.05 | 4.12 | 430,762 |
4.12 | 4.26 | 4.07 | 4.17 | 104,486 |
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Ethereum PoW Trading Date Momentum on November 27, 2024
On November 28 2024 Ethereum PoW was traded for 4.17 at the closing time. The highest price during the trading period was 4.26 and the lowest recorded bid was listed for 4.07 . The volume for the day was 104.5 K. This history from November 28, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.21% . The overall trading delta to the current price is 1.21% . |
About Ethereum PoW Crypto Coin history
Ethereum PoW 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 Ethereum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ethereum PoW 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.
Ethereum PoW Crypto Coin Technical Analysis
Ethereum PoW 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
Ethereum PoW Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Ethereum PoW December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Ethereum PoW 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 Ethereum PoW shares will generate the highest return on investment.
Ethereum PoW Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ethereum PoW's price direction in advance. Along with the technical and fundamental analysis of Ethereum Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ethereum 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 | 0.1864 | |||
Jensen Alpha | 1.45 | |||
Total Risk Alpha | 0.4702 | |||
Sortino Ratio | 0.2734 | |||
Treynor Ratio | 0.8693 |
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethereum PoW. 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.