Gatechain Token Price on November 5, 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 Downside Deviation of 2.88, market risk adjusted performance of 2.83, and Risk Adjusted Performance of 0.1662 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.
Gatechain |
Sharpe Ratio = 0.1963
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 November 5, 2024
It is possible to determine the worth of Gatechain Token on a given historical date. On November 5, 2024 Gatechain was worth 8.57 at the beginning of the trading date compared to the closed value of 8.9. 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 | |
| 8.38 | 8.66 | 8.40 | 8.57 | 61,924 | |
11/05/2024 | 8.57 | 9.35 | 8.78 | 8.90 | 149,416 |
| 8.90 | 9.23 | 8.94 | 9.04 | 87,287 |
| Backtest Gatechain Token | | | Gatechain Token History | Previous | Next |
Gatechain Token Trading Date Momentum on November 5, 2024
| On November 06 2024 Gatechain Token was traded for 9.04 at the closing time. The highest daily price throughout the period was 9.23 and the lowest price was 8.94 . The daily volume was 87.3 K. The net trading volume on 11/06/2024 added to the next day price growth. The overall trading delta to closing price of the next trading day was 1.57% . The overall trading delta to current closing price is 6.40% . |
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.
Price Boundaries
Gatechain Token Period Price Range
Low | December 11, 2024
| 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.
| Risk Adjusted Performance | 0.1662 | |||
| Jensen Alpha | 0.6484 | |||
| Total Risk Alpha | 0.1805 | |||
| Sortino Ratio | 0.1949 | |||
| Treynor Ratio | 2.82 |
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| Volume Indicators |
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.