Illuvium Price on November 23, 2024
| ILV Crypto | USD 56.13 0.78 1.37% |
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 56.13, as last reported on the 28th of November, with the highest price reaching 56.92 and the lowest price hitting 55.68 during the day. Illuvium appears to be extremely risky, given 3 months investment horizon. Illuvium holds Efficiency (Sharpe) Ratio of 0.14, which attests that digital coin had a 0.14% return per unit of risk over the last 3 months. By evaluating Illuvium's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please utilize Illuvium's Market Risk Adjusted Performance of 3.47, downside deviation of 5.23, and Risk Adjusted Performance of 0.1144 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.
Illuvium |
Sharpe Ratio = 0.1381
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.48 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Illuvium is performing at about 10% 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.
Illuvium Valuation on November 23, 2024
It is possible to determine the worth of Illuvium on a given historical date. On November 23, 2024 Illuvium was worth 44.98 at the beginning of the trading date compared to the closed value of 48.42. 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 | |
| 43.13 | 44.98 | 41.68 | 44.98 | 622,919 | |
11/22/2024 | 44.98 | 50.79 | 43.87 | 48.42 | 1,496,244 |
| 52.31 | 54.35 | 47.48 | 51.99 | 879,842 |
| Backtest Illuvium | | | Illuvium History | Previous | Next |
Illuvium Trading Date Momentum on November 23, 2024
| On November 25 2024 Illuvium was traded for 51.99 at the closing time. The maximum traded price for the trading interval was 54.35 and the lowest daily price was 47.48 . The daily volume was recorded at 879.8 K. The volume of trading on 25th 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 7.37% . The trading delta at closing time to the closing price today is 17.53% . |
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.
Price Boundaries
Illuvium Period Price Range
Low | November 28, 2024
| 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 28, 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.
| Risk Adjusted Performance | 0.1144 | |||
| Jensen Alpha | 0.7213 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1206 | |||
| Treynor Ratio | 3.46 |
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| 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 Illuvium. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..