FIRO Price on November 25, 2024

FIRO Crypto  USD 1.47  0.08  5.16%   
If you're considering investing in FIRO Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of FIRO stands at 1.47, as last reported on the 29th of November, with the highest price reaching 1.48 and the lowest price hitting 1.47 during the day. FIRO appears to be very risky, given 3 months investment horizon. FIRO secures Sharpe Ratio (or Efficiency) of 0.14, which denotes digital coin had a 0.14% return per unit of volatility over the last 3 months. By evaluating FIRO's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize FIRO's Downside Deviation of 3.84, market risk adjusted performance of 8.18, and Mean Deviation of 3.15 to check if our risk estimates are consistent with your expectations.
  
FIRO Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.143

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Estimated Market Risk

 4.17
  actual daily
37
63% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average FIRO is performing at about 11% 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 FIRO by adding it to a well-diversified portfolio.

FIRO Valuation on November 25, 2024

It is possible to determine the worth of FIRO on a given historical date. On November 25, 2024 FIRO was worth 1.41 at the beginning of the trading date compared to the closed value of 1.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FIRO crypto coin. Still, in general, we apply an absolute valuation method to find FIRO'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 FIRO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FIRO's related companies.
 Open High Low Close Volume
  1.29    1.37    1.27    1.37    715.96  
11/25/2024
  1.41    1.41    1.31    1.35    631.08  
  1.35    1.72    1.40    1.55    1,489  
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Open Value
1.41
1.35
Closing Value
13.92
Upside

FIRO Trading Date Momentum on November 25, 2024

On November 26 2024 FIRO was traded for  1.55  at the closing time. The highest price during the trading period was 1.72  and the lowest recorded bid was listed for  1.40 . The volume for the day was 1.5 K. This history from November 26, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 14.81% . The overall trading delta to the current price is 8.89% .

About FIRO Crypto Coin history

FIRO 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 FIRO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FIRO 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.

FIRO Crypto Coin Technical Analysis

FIRO 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.
A focus of FIRO technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FIRO trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

FIRO Period Price Range

Low
November 29, 2024
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High

 0.00 

     

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FIRO 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.

FIRO November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how FIRO 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 FIRO shares will generate the highest return on investment.

FIRO Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for FIRO's price direction in advance. Along with the technical and fundamental analysis of FIRO Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of FIRO 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.
When determining whether FIRO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FIRO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Firo Crypto.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FIRO. 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between FIRO's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine FIRO value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, FIRO's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.