LUN Price on November 20, 2024
LUN Crypto | USD 0.02 0.0009 4.55% |
If you're considering investing in LUN Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of LUN stands at 0.02, as last reported on the 22nd of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. LUN appears to be very volatile, given 3 months investment horizon. LUN has Sharpe Ratio of 0.26, which conveys that digital coin had a 0.26% return per unit of volatility over the last 3 months. By inspecting LUN's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please exercise LUN's risk adjusted performance of 0.1679, and Mean Deviation of 2.14 to check out if our risk estimates are consistent with your expectations.
LUN Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
LUN |
Sharpe Ratio = 0.2574
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Estimated Market Risk
3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average LUN is performing at about 20% 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 LUN by adding it to a well-diversified portfolio.
LUN Valuation on November 20, 2024
It is possible to determine the worth of LUN on a given historical date. On November 20, 2024 LUN was worth 0.0198 at the beginning of the trading date compared to the closed value of 0.0207. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LUN crypto coin. Still, in general, we apply an absolute valuation method to find LUN'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 LUN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LUN's related companies.
Open | High | Low | Close | Volume | |
0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
11/20/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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LUN Trading Date Momentum on November 20, 2024
On November 21 2024 LUN was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on 21st of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.14% . |
About LUN Crypto Coin history
LUN 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 LUN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LUN 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.
LUN Crypto Coin Technical Analysis
LUN 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
LUN Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
LUN 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.
LUN November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how LUN 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 LUN shares will generate the highest return on investment.
LUN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LUN's price direction in advance. Along with the technical and fundamental analysis of LUN Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of LUN 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 | 0.1679 | |||
Jensen Alpha | 0.6462 | |||
Total Risk Alpha | 0.2565 | |||
Sortino Ratio | 0.1875 | |||
Treynor Ratio | 1.46 |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LUN. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..