MDA Price on November 22, 2024
| MDA Crypto | USD 0.01 0 11.13% |
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 25th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. MDA appears to be abnormally risky, given 3 months investment horizon. MDA retains Efficiency (Sharpe Ratio) of 0.0629, which conveys that digital coin had a 0.0629% return per unit of return volatility over the last 3 months. By inspecting MDA's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please exercise MDA's Downside Deviation of 14.55, mean deviation of 7.73, and Market Risk Adjusted Performance of 0.9478 to check out if our risk estimates are consistent with your expectations.
MDA Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
MDA |
Sharpe Ratio = 0.0629
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.69 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average MDA is performing at about 4% 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.
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MDA Valuation on November 22, 2024
It is possible to determine the worth of MDA on a given historical date. On November 22, 2024 MDA was worth 0.008763 at the beginning of the trading date compared to the closed value of 0.008799. 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 | |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
11/22/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 1,433 |
| 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Backtest MDA | | | MDA History | Previous | Next |
MDA Trading Date Momentum on November 22, 2024
| On November 25 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 . There was no trading activity during the period 0.0. Lack of trading volume on 25th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.41% . |
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 | November 25, 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 November 25, 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 | 0.0866 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0841 | |||
| Treynor Ratio | 0.9378 |
| Cycle Indicators | ||
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| 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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.