ICON Project Price on October 4, 2024
| ICX Crypto | USD 0.21 0.01 4.55% |
If you're considering investing in ICON Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ICON Project stands at 0.21, as last reported on the 29th of November, with the highest price reaching 0.22 and the lowest price hitting 0.21 during the day. ICON Project appears to be very risky, given 3 months investment horizon. ICON Project holds Efficiency (Sharpe) Ratio of 0.21, which attests that digital coin had a 0.21% return per unit of volatility over the last 3 months. By examining ICON Project's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please utilize ICON Project's semi deviation of 3.15, and Market Risk Adjusted Performance of 0.6663 to validate if our risk estimates are consistent with your expectations.
ICON Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ICON |
Sharpe Ratio = 0.2074
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.77 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average ICON Project is performing at about 16% 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 ICON Project by adding it to a well-diversified portfolio.
ICON Project Valuation on October 4, 2024
It is possible to determine the worth of ICON Project on a given historical date. On October 4, 2024 ICON was worth 0.13 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ICON Project crypto coin. Still, in general, we apply an absolute valuation method to find ICON Project'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 ICON Project where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ICON Project's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.13 | 0.13 | 2,737 | |
10/04/2024 | 0.13 | 0.14 | 0.13 | 0.14 | 99,526 |
| 0.14 | 0.14 | 0.14 | 0.14 | 1,181 |
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ICON Project Trading Date Momentum on October 4, 2024
| On October 07 2024 ICON Project was traded for 0.14 at the closing time. The maximum traded price for the trading interval was 0.14 and the lowest daily price was 0.14 . The daily volume was recorded at 1.2 K. The volume of trading on 7th of October 2024 did not cause price change. The trading delta at closing time to the closing price today is 7.14% . |
About ICON Project Crypto Coin history
ICON Project 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 ICON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ICON Project 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.
ICON Project Crypto Coin Technical Analysis
ICON Project 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
ICON Project Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
ICON Project 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.
ICON Project November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ICON Project 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 ICON Project shares will generate the highest return on investment.
ICON Project Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ICON Project's price direction in advance. Along with the technical and fundamental analysis of ICON Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ICON 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 | 0.1661 | |||
| Jensen Alpha | 0.7946 | |||
| Total Risk Alpha | 0.2514 | |||
| Sortino Ratio | 0.1211 | |||
| Treynor Ratio | 0.6563 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON Project. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.