Ionet Price on September 11, 2024
IO Crypto | USD 2.72 0.23 9.24% |
If you're considering investing in Ionet Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Ionet stands at 2.72, as last reported on the 25th of November, with the highest price reaching 2.76 and the lowest price hitting 2.44 during the day. Ionet appears to be unusually volatile, given 3 months investment horizon. ionet holds Efficiency (Sharpe) Ratio of 0.13, which attests that digital coin had a 0.13% return per unit of risk over the last 3 months. By evaluating Ionet's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Ionet's Market Risk Adjusted Performance of 1.3, risk adjusted performance of 0.0616, and Downside Deviation of 7.09 to validate if our risk estimates are consistent with your expectations.
Ionet Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Ionet |
Sharpe Ratio = 0.1347
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Estimated Market Risk
6.77 actual daily | 60 60% of assets are less volatile |
Expected Return
0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Ionet 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 Ionet by adding it to a well-diversified portfolio.
Ionet Valuation on September 11, 2024
It is possible to determine the worth of Ionet on a given historical date. On September 11, 2024 Ionet was worth 1.6 at the beginning of the trading date compared to the closed value of 1.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ionet crypto coin. Still, in general, we apply an absolute valuation method to find Ionet'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 Ionet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ionet's related companies.
Open | High | Low | Close | Volume | |
1.68 | 1.68 | 1.54 | 1.60 | 3,966 | |
09/11/2024 | 1.60 | 1.71 | 1.62 | 1.70 | 20,381 |
1.70 | 1.87 | 1.76 | 1.85 | 53,827 |
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Ionet Trading Date Momentum on September 11, 2024
On September 12 2024 ionet was traded for 1.85 at the closing time. The highest daily price throughout the period was 1.87 and the lowest price was 1.76 . The daily volume was 53.8 K. The net trading volume on 09/12/2024 added to the next day price growth. The trading delta at closing time to closing price of the next trading day was 8.82% . The trading date delta to current closing price is 26.47% . |
About Ionet Crypto Coin history
Ionet 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 Ionet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ionet 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.
Ionet Crypto Coin Technical Analysis
Ionet 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
Ionet Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
ionet 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.
Ionet November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Ionet 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 Ionet shares will generate the highest return on investment.
Ionet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ionet's price direction in advance. Along with the technical and fundamental analysis of Ionet Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ionet 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 | 0.0616 | |||
Jensen Alpha | 0.4372 | |||
Total Risk Alpha | (0.65) | |||
Sortino Ratio | 0.051 | |||
Treynor Ratio | 1.29 |
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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 ionet. 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 Stocks Directory module to find actively traded stocks across global markets.