Gatechain Token Price on September 10, 2024

GT Crypto  USD 12.41  0.04  0.32%   
If you're considering investing in Gatechain Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Gatechain Token stands at 12.41, as last reported on the 11th of December 2024, with the highest price reaching 12.50 and the lowest price hitting 12.34 during the day. Gatechain Token appears to be very volatile, given 3 months investment horizon. Gatechain Token holds Efficiency (Sharpe) Ratio of 0.2, which attests that digital coin had a 0.2% return per unit of risk over the last 3 months. By evaluating Gatechain Token's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize Gatechain Token's Risk Adjusted Performance of 0.1662, downside deviation of 2.88, and Market Risk Adjusted Performance of 2.83 to validate if our risk estimates are consistent with your expectations.
  
Gatechain Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1963

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsGT
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.14
  actual daily
27
73% of assets are more volatile

Expected Return

 0.62
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Gatechain Token is performing at about 15% 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 Gatechain Token by adding it to a well-diversified portfolio.

Gatechain Token Valuation on September 10, 2024

It is possible to determine the worth of Gatechain Token on a given historical date. On September 10, 2024 Gatechain was worth 7.68 at the beginning of the trading date compared to the closed value of 7.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gatechain Token crypto coin. Still, in general, we apply an absolute valuation method to find Gatechain Token'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 Gatechain Token where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gatechain Token's related companies.
 Open High Low Close Volume
  7.58    7.81    7.60    7.68    36,889  
09/10/2024
  7.68    8.05    7.64    7.80    47,605  
  7.80    7.98    7.86    7.91    51,872  
Backtest Gatechain Token  |  Gatechain Token History  PreviousNext  
Open Value
7.68
7.8
Closing Value
17.09
Upside

Gatechain Token Trading Date Momentum on September 10, 2024

On September 11 2024 Gatechain Token was traded for  7.91  at the closing time. The highest daily price throughout the period was 7.98  and the lowest price was  7.86 . The daily volume was 51.9 K. The net trading volume on 09/11/2024 added to the next day price growth. The overall trading delta to closing price of the next trading day was 1.41% . The overall trading delta to current closing price is 8.72% .

About Gatechain Token Crypto Coin history

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

Gatechain Token Crypto Coin Technical Analysis

Gatechain Token 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 Gatechain Token technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gatechain Token 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

Gatechain Token Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Gatechain Token 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.

Gatechain Token December 11, 2024 Market Strength

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

Gatechain Token Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Gatechain Token's price direction in advance. Along with the technical and fundamental analysis of Gatechain Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gatechain 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 Gatechain Token offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gatechain Token'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 Gatechain Token Crypto.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatechain Token. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Please note, there is a significant difference between Gatechain Token's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Gatechain Token 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, Gatechain Token's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.