MNW Price on September 16, 2024
MNW Crypto | USD 0.41 2.76 87.07% |
If you're considering investing in MNW Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of MNW stands at 0.41, as last reported on the 25th of November, with the highest price reaching 0.44 and the lowest price hitting 0.31 during the day. MNW is abnormally risky given 3 months investment horizon. MNW has Sharpe Ratio of 0.11, which conveys that digital coin had a 0.11% return per unit of standard deviation over the last 3 months. We are able to interpolate and break down thirty different technical indicators, which can help you to evaluate if expected returns of 11.19% are justified by taking the suggested risk. Use MNW Market Risk Adjusted Performance of (0.98), risk adjusted performance of 0.0916, and Mean Deviation of 24.89 to evaluate coin specific risk that cannot be diversified away.
MNW Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
MNW |
Sharpe Ratio = 0.1096
Best Portfolio | Best Equity | MNW | ||
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Estimated Market Risk
102.06 actual daily | 96 96% of assets are less volatile |
Expected Return
5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average MNW is performing at about 8% 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 MNW by adding it to a well-diversified portfolio.
MNW Valuation on September 16, 2024
It is possible to determine the worth of MNW on a given historical date. On September 16, 2024 MNW was worth 0.45 at the beginning of the trading date compared to the closed value of 0.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MNW crypto coin. Still, in general, we apply an absolute valuation method to find MNW'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 MNW where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MNW's related companies.
Open | High | Low | Close | Volume | |
0.48 | 0.58 | 0.48 | 0.53 | 113.32 | |
09/16/2024 | 0.45 | 0.48 | 0.43 | 0.46 | 54.30 |
0.46 | 0.51 | 0.47 | 0.47 | 83.77 |
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MNW Trading Date Momentum on September 16, 2024
On September 17 2024 MNW was traded for 0.47 at the closing time. The maximum traded price for the trading interval was 0.51 and the lowest daily price was 0.47 . The daily volume was recorded at 83.77. The volume of trading on 17th of September 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 2.17% . The trading delta at closing time to the closing price today is 6.52% . |
About MNW Crypto Coin history
MNW 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 MNW is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MNW 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.
MNW Crypto Coin Technical Analysis
MNW 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
MNW Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
MNW 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.
MNW November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how MNW 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 MNW shares will generate the highest return on investment.
MNW Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MNW's price direction in advance. Along with the technical and fundamental analysis of MNW Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of MNW 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 | 0.0916 | |||
Jensen Alpha | 12.09 | |||
Total Risk Alpha | (5.18) | |||
Sortino Ratio | 0.5607 | |||
Treynor Ratio | (0.99) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MNW. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.