Kusama Price on November 21, 2024
KSM Crypto | USD 41.01 1.16 2.75% |
If you're considering investing in Kusama Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Kusama stands at 41.01, as last reported on the 30th of November, with the highest price reaching 42.57 and the lowest price hitting 40.64 during the day. Kusama is abnormally risky given 3 months investment horizon. Kusama 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. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.17% are justified by taking the suggested risk. Use Kusama Downside Deviation of 6.89, risk adjusted performance of 0.1081, and Mean Deviation of 6.29 to evaluate coin specific risk that cannot be diversified away.
Kusama Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Kusama |
Sharpe Ratio = 0.1338
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Estimated Market Risk
16.19 actual daily | 96 96% of assets are less volatile |
Expected Return
2.17 actual daily | 43 57% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Kusama 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 Kusama by adding it to a well-diversified portfolio.
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Kusama Valuation on November 21, 2024
It is possible to determine the worth of Kusama on a given historical date. On November 21, 2024 Kusama was worth 20.89 at the beginning of the trading date compared to the closed value of 23.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kusama crypto coin. Still, in general, we apply an absolute valuation method to find Kusama'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 Kusama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kusama's related companies.
Open | High | Low | Close | Volume | |
20.00 | 21.63 | 19.51 | 20.89 | 757,480 | |
11/21/2024 | 20.89 | 23.46 | 20.56 | 23.45 | 1,536,878 |
23.45 | 52.84 | 23.16 | 51.65 | 28,509,636 |
Backtest Kusama | | | Kusama History | Previous | Next |
Kusama Trading Date Momentum on November 21, 2024
On November 22 2024 Kusama was traded for 51.65 at the closing time. The maximum traded price for the trading interval was 52.84 and the lowest daily price was 23.16 . The daily volume was recorded at 28.5 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 120.26% . The trading delta at closing time to the closing price today is 79.83% . |
About Kusama Crypto Coin history
Kusama 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 Kusama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kusama 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.
Kusama Crypto Coin Technical Analysis
Kusama 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
Kusama Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Kusama 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.
Kusama November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Kusama 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 Kusama shares will generate the highest return on investment.
Kusama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kusama's price direction in advance. Along with the technical and fundamental analysis of Kusama Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kusama 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 | 0.1081 | |||
Jensen Alpha | 1.74 | |||
Total Risk Alpha | (0.62) | |||
Sortino Ratio | 0.2809 | |||
Treynor Ratio | 0.8049 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kusama. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.