MDA Price on May 28, 2024
| MDA Crypto | USD 0.01 0 22.04% |
If you're considering investing in MDA Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of MDA stands at 0.01, as last reported on the 1st of December, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. MDA is abnormally risky given 3 months investment horizon. MDA retains Efficiency (Sharpe Ratio) of 0.089, which conveys that digital coin had a 0.089% return per unit of return volatility over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use MDA Market Risk Adjusted Performance of 0.7361, mean deviation of 6.87, and Downside Deviation of 12.92 to evaluate coin specific risk that cannot be diversified away.
MDA Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
MDA |
Sharpe Ratio = 0.089
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.36 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.01 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average MDA is performing at about 7% 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 MDA by adding it to a well-diversified portfolio.
MDA Valuation on May 28, 2024
It is possible to determine the worth of MDA on a given historical date. On May 28, 2024 MDA was worth 0.0144 at the beginning of the trading date compared to the closed value of 0.0132. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MDA crypto coin. Still, in general, we apply an absolute valuation method to find MDA'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 MDA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MDA's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.01 | 0.01 | 521,987 | |
05/28/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 589,358 |
| 0.01 | 0.01 | 0.01 | 0.01 | 587,651 |
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MDA Trading Date Momentum on May 28, 2024
| On May 29 2024 MDA was traded for 0.01 at the closing time. The maximum traded price for the trading interval was 0.01 and the lowest daily price was 0.01 . The daily volume was recorded at 587.7 K. The volume of trading on 29th 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 6.06% . The trading delta at closing time to the closing price today is 12.88% . |
About MDA Crypto Coin history
MDA 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 MDA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MDA 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.
MDA Crypto Coin Technical Analysis
MDA 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
MDA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
MDA 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.
MDA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how MDA 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 MDA shares will generate the highest return on investment.
MDA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MDA's price direction in advance. Along with the technical and fundamental analysis of MDA Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of MDA 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 | 0.0828 | |||
| Jensen Alpha | 0.8927 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.074 | |||
| Treynor Ratio | 0.7261 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MDA. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.