LCX Price on July 21, 2023
| LCX Crypto | USD 0.30 0.01 3.23% |
If you're considering investing in LCX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of LCX stands at 0.30, as last reported on the 30th of November, with the highest price reaching 0.30 and the lowest price hitting 0.28 during the day. LCX is abnormally risky given 3 months investment horizon. LCX has Sharpe Ratio of 0.16, which conveys that digital coin had a 0.16% return per unit of standard deviation over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.08% are justified by taking the suggested risk. Use LCX mean deviation of 7.97, and Downside Deviation of 12.08 to evaluate coin specific risk that cannot be diversified away.
LCX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
LCX |
Sharpe Ratio = 0.1614
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.08 actual daily | 41 59% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average LCX 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 LCX by adding it to a well-diversified portfolio.
LCX Valuation on July 21, 2023
It is possible to determine the worth of LCX on a given historical date. On July 21, 2023 LCX was worth 0.0551 at the beginning of the trading date compared to the closed value of 0.055. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LCX crypto coin. Still, in general, we apply an absolute valuation method to find LCX'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 LCX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LCX's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.06 | 0.05 | 0.06 | 2,775,990 | |
07/21/2023 | 0.06 | 0.06 | 0.05 | 0.06 | 1,899,306 |
| 0.30 | 0.31 | 0.29 | 0.29 | 1,721,805 |
| Backtest LCX | | | LCX History | Previous | Next |
LCX Trading Date Momentum on July 21, 2023
| On May 25 2024 LCX was traded for 0.29 at the closing time. The maximum traded price for the trading interval was 0.31 and the lowest daily price was 0.29 . The daily volume was recorded at 1.7 M. The volume of trading on 25th of May 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 427.27% . The trading delta at closing time to the closing price today is 445.45% . |
About LCX Crypto Coin history
LCX 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 LCX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LCX 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.
LCX Crypto Coin Technical Analysis
LCX 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
LCX Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
LCX 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.
LCX November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how LCX 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 LCX shares will generate the highest return on investment.
LCX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LCX's price direction in advance. Along with the technical and fundamental analysis of LCX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of LCX 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 | 0.1176 | |||
| Jensen Alpha | 1.54 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.1405 | |||
| Treynor Ratio | 0.8303 |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCX. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.