GRIN Price on September 5, 2024
| GRIN Crypto | USD 0.04 0 5.11% |
If you're considering investing in GRIN Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of GRIN stands at 0.04, as last reported on the 25th of November, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day. GRIN appears to be very risky, given 3 months investment horizon. GRIN holds Efficiency (Sharpe) Ratio of 0.0533, which attests that digital coin had a 0.0533% return per unit of risk over the last 3 months. We have found thirty technical indicators for GRIN, which you can use to evaluate the volatility of coin. Please utilize GRIN's Market Risk Adjusted Performance of 3.04, semi deviation of 3.8, and Risk Adjusted Performance of 0.0449 to validate if our risk estimates are consistent with your expectations.
GRIN Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
GRIN |
Sharpe Ratio = 0.0533
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.54 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average GRIN 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 GRIN by adding it to a well-diversified portfolio.
GRIN Valuation on September 5, 2024
It is possible to determine the worth of GRIN on a given historical date. On September 5, 2024 GRIN was worth 0.032 at the beginning of the trading date compared to the closed value of 0.0308. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GRIN crypto coin. Still, in general, we apply an absolute valuation method to find GRIN'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 GRIN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GRIN's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 5,200 | |
09/05/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 8,680 |
| 0.03 | 0.03 | 0.03 | 0.03 | 564.89 |
| Backtest GRIN | | | GRIN History | Previous | Next |
GRIN Trading Date Momentum on September 5, 2024
| On September 06 2024 GRIN was traded for 0.03 at the closing time. The highest price during the trading period was 0.03 and the lowest recorded bid was listed for 0.03 . The volume for the day was 565. This history from September 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.87% . The overall trading delta to the current price is 9.74% . |
About GRIN Crypto Coin history
GRIN 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 GRIN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GRIN 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.
GRIN Crypto Coin Technical Analysis
GRIN 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
GRIN Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
GRIN 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.
GRIN November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how GRIN 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 GRIN shares will generate the highest return on investment.
GRIN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GRIN's price direction in advance. Along with the technical and fundamental analysis of GRIN Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of GRIN 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 | 0.0449 | |||
| Jensen Alpha | 0.1966 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0216 | |||
| Treynor Ratio | 3.03 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GRIN. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.