Kava Price on November 21, 2024
| KAVA Crypto | USD 0.46 0.02 4.55% |
If you're considering investing in Kava Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Kava stands at 0.46, as last reported on the 22nd of November, with the highest price reaching 0.46 and the lowest price hitting 0.46 during the day. Kava appears to be unusually risky, given 3 months investment horizon. Kava has Sharpe Ratio of 0.13, which conveys that digital coin had a 0.13% return per unit of risk over the last 3 months. By analyzing Kava's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Kava's Downside Deviation of 6.18, mean deviation of 4.05, and Risk Adjusted Performance of 0.0755 to check out if our risk estimates are consistent with your expectations.
Kava Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Kava |
Sharpe Ratio = 0.1298
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.52 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Kava 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 Kava by adding it to a well-diversified portfolio.
Kava Valuation on November 21, 2024
It is possible to determine the worth of Kava on a given historical date. On November 21, 2024 Kava was worth 0.46 at the beginning of the trading date compared to the closed value of 0.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kava crypto coin. Still, in general, we apply an absolute valuation method to find Kava'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 Kava where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kava's related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.47 | 0.43 | 0.46 | 365,051 | |
11/21/2024 | 0.46 | 0.46 | 0.46 | 0.46 | 4,070 |
| Backtest Kava | | | Kava History | Previous |
Kava Trading Date Momentum on November 21, 2024
| On November 21 2024 Kava was traded for 0.46 at the closing time. The highest price during the trading period was 0.46 and the lowest recorded bid was listed for 0.46 . The volume for the day was 4.1 K. This history from November 21, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
About Kava Crypto Coin history
Kava 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 Kava is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kava 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.
Kava Crypto Coin Technical Analysis
Kava 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
Kava Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Kava 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.
Kava November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Kava 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 Kava shares will generate the highest return on investment.
Kava Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kava's price direction in advance. Along with the technical and fundamental analysis of Kava Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kava 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 | 0.0755 | |||
| Jensen Alpha | 0.4545 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0668 | |||
| Treynor Ratio | 0.9741 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kava. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.