Illuvium Price on November 21, 2024

ILV Crypto  USD 48.42  3.44  7.65%   
If you're considering investing in Illuvium Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Illuvium stands at 48.42, as last reported on the 25th of November, with the highest price reaching 50.79 and the lowest price hitting 43.87 during the day. Illuvium appears to be extremely risky, given 3 months investment horizon. Illuvium holds Efficiency (Sharpe) Ratio of 0.0812, which attests that digital coin had a 0.0812% return per unit of risk over the last 3 months. We have found thirty technical indicators for Illuvium, which you can use to evaluate the volatility of coin. Please utilize Illuvium's Risk Adjusted Performance of 0.0278, downside deviation of 5.8, and Market Risk Adjusted Performance of 0.278 to validate if our risk estimates are consistent with your expectations.
  
Illuvium Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0812

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Estimated Market Risk

 5.33
  actual daily
47
53% of assets are more volatile

Expected Return

 0.43
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Illuvium is performing at about 6% 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 Illuvium by adding it to a well-diversified portfolio.

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Illuvium Valuation on November 21, 2024

It is possible to determine the worth of Illuvium on a given historical date. On November 21, 2024 Illuvium was worth 43.13 at the beginning of the trading date compared to the closed value of 44.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Illuvium crypto coin. Still, in general, we apply an absolute valuation method to find Illuvium'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 Illuvium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Illuvium's related companies.
 Open High Low Close Volume
  41.01    45.12    39.71    43.13    393,885  
11/21/2024
  43.13    44.98    41.68    44.98    622,919  
  44.98    50.79    43.87    48.42    1,496,244  
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Open Value
43.13
44.98
Closing Value
59.13
Upside

Illuvium Trading Date Momentum on November 21, 2024

On November 22 2024 Illuvium was traded for  48.42  at the closing time. The maximum traded price for the trading interval was 50.79  and the lowest daily price was  43.87 . The daily volume was recorded at 1.5 M. The volume of trading on 22nd of November 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 7.65% . The trading delta at closing time to the closing price today is 0.00% .

About Illuvium Crypto Coin history

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

Illuvium Crypto Coin Technical Analysis

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

Illuvium Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Illuvium 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.

Illuvium November 25, 2024 Market Strength

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

Illuvium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Illuvium's price direction in advance. Along with the technical and fundamental analysis of Illuvium Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Illuvium 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 Illuvium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Illuvium'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 Illuvium Crypto.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illuvium. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Illuvium's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Illuvium 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, Illuvium's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.