MONA Price on October 2, 2024

MONA Crypto  USD 0.29  0.01  3.33%   
If you're considering investing in MONA Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of MONA stands at 0.29, as last reported on the 23rd of November, with the highest price reaching 0.29 and the lowest price hitting 0.29 during the day. At this point, MONA is very risky. MONA has Sharpe Ratio of 0.032, which conveys that digital coin had a 0.032% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for MONA, which you can use to evaluate the volatility of coin. Please verify MONA's risk adjusted performance of 0.014, and Mean Deviation of 2.15 to check out if the risk estimate we provide is consistent with the expected return of 0.14%.
  
MONA Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.032

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Estimated Market Risk

 4.22
  actual daily
37
63% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average MONA 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 MONA by adding it to a well-diversified portfolio.

MONA Valuation on October 2, 2024

It is possible to determine the worth of MONA on a given historical date. On October 2, 2024 MONA was worth 0.26 at the beginning of the trading date compared to the closed value of 0.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MONA crypto coin. Still, in general, we apply an absolute valuation method to find MONA'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 MONA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MONA's related companies.
 Open High Low Close Volume
  0.27    0.28    0.25    0.26    11,251  
10/02/2024
  0.26    0.26    0.25    0.26    11,418  
  0.26    0.27    0.25    0.26    10,249  
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Open Value
0.26
0.26
Closing Value
12.92
Upside

MONA Trading Date Momentum on October 2, 2024

On October 03 2024 MONA was traded for  0.26  at the closing time. The highest price during the trading period was 0.27  and the lowest recorded bid was listed for  0.25 . The volume for the day was 10.2 K. This history from October 3, 2024 did not cause price change. The trading delta at closing time to the current price is 3.85% .

About MONA Crypto Coin history

MONA 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 MONA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MONA 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.

MONA Crypto Coin Technical Analysis

MONA 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.
A focus of MONA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MONA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MONA Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MONA 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.

MONA November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how MONA 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 MONA shares will generate the highest return on investment.

MONA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MONA's price direction in advance. Along with the technical and fundamental analysis of MONA Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of MONA 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.
When determining whether MONA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MONA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mona Crypto.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MONA. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Please note, there is a significant difference between MONA's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine MONA value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, MONA's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.