MLN Price on September 27, 2024
| MLN Crypto | USD 16.72 0.05 0.30% |
If you're considering investing in MLN Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of MLN stands at 16.72, as last reported on the 27th of November, with the highest price reaching 16.88 and the lowest price hitting 16.57 during the day. At this point, MLN is very volatile. MLN has Sharpe Ratio of 0.0375, which conveys that digital coin had a 0.0375% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for MLN, which you can use to evaluate the volatility of coin. Please verify MLN's mean deviation of 2.63, and Risk Adjusted Performance of 0.0542 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
MLN Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
MLN |
Sharpe Ratio = 0.0375
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | MLN | Huge Risk |
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average MLN is performing at about 2% 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 MLN by adding it to a well-diversified portfolio.
MLN Valuation on September 27, 2024
It is possible to determine the worth of MLN on a given historical date. On September 27, 2024 MLN was worth 16.94 at the beginning of the trading date compared to the closed value of 16.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MLN crypto coin. Still, in general, we apply an absolute valuation method to find MLN'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 MLN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MLN's related companies.
| Open | High | Low | Close | Volume | |
| 16.51 | 17.48 | 16.31 | 16.94 | 1,039 | |
09/27/2024 | 16.94 | 17.07 | 16.35 | 16.60 | 56,316 |
| 16.00 | 18.17 | 15.49 | 15.52 | 830,696 |
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MLN Trading Date Momentum on September 27, 2024
| On September 30 2024 MLN was traded for 15.52 at the closing time. The maximum traded price for the trading interval was 18.17 and the lowest daily price was 15.49 . The daily volume was recorded at 830.7 K. The volume of trading on 30th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 6.51% . The trading delta at closing time to the closing price today is 2.23% . |
About MLN Crypto Coin history
MLN 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 MLN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MLN 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.
MLN Crypto Coin Technical Analysis
MLN 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
MLN Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
MLN 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.
MLN November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how MLN 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 MLN shares will generate the highest return on investment.
MLN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MLN's price direction in advance. Along with the technical and fundamental analysis of MLN Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of MLN 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 | 0.0542 | |||
| Jensen Alpha | 0.1364 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0251 | |||
| Treynor Ratio | 0.3537 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MLN. 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.