Jito Price on May 28, 2024
| JTO Crypto | USD 3.70 0.02 0.54% |
If you're considering investing in Jito Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Jito stands at 3.70, as last reported on the 1st of December, with the highest price reaching 3.84 and the lowest price hitting 3.64 during the day. Jito is unreasonably risky given 3 months investment horizon. Jito holds Efficiency (Sharpe) Ratio of 0.16, which attests that digital coin had a 0.16% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Jito Risk Adjusted Performance of 0.1195, market risk adjusted performance of 1.16, and Downside Deviation of 5.63 to evaluate coin specific risk that cannot be diversified away.
Jito Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Jito |
Sharpe Ratio = 0.1563
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.0 actual daily | 62 62% of assets are less volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Jito is performing at about 12% 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 Jito by adding it to a well-diversified portfolio.
Jito Valuation on May 28, 2024
It is possible to determine the worth of Jito on a given historical date. On May 28, 2024 Jito was worth 3.68 at the beginning of the trading date compared to the closed value of 3.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jito crypto coin. Still, in general, we apply an absolute valuation method to find Jito'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 Jito where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jito's related companies.
| Open | High | Low | Close | Volume | |
| 3.56 | 3.82 | 3.40 | 3.68 | 8,283,300 | |
05/28/2024 | 3.68 | 3.97 | 3.59 | 3.79 | 8,267,078 |
| 3.79 | 3.85 | 3.57 | 3.64 | 5,506,407 |
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Jito Trading Date Momentum on May 28, 2024
| On May 29 2024 Jito was traded for 3.64 at the closing time. The maximum traded price for the trading interval was 3.85 and the lowest daily price was 3.57 . The daily volume was recorded at 5.5 M. The volume of trading on 29th of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.96% . The trading delta at closing time to the closing price today is 12.14% . |
About Jito Crypto Coin history
Jito 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 Jito is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jito 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.
Jito Crypto Coin Technical Analysis
Jito 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
Jito Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Jito 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.
Jito December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Jito 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 Jito shares will generate the highest return on investment.
Jito Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jito's price direction in advance. Along with the technical and fundamental analysis of Jito Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jito 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 | 0.1195 | |||
| Jensen Alpha | 0.8959 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1563 | |||
| Treynor Ratio | 1.15 |
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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 Jito. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.