Moonriver Price on November 21, 2024

MOVR Crypto  USD 16.27  0.12  0.73%   
If you're considering investing in Moonriver Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Moonriver stands at 16.27, as last reported on the 28th of November, with the highest price reaching 16.57 and the lowest price hitting 16.23 during the day. Moonriver is exceptionally volatile given 3 months investment horizon. Moonriver has Sharpe Ratio of 0.14, which conveys that digital coin had a 0.14% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Moonriver Mean Deviation of 5.2, risk adjusted performance of 0.113, and Downside Deviation of 5.43 to evaluate coin specific risk that cannot be diversified away.
  
Moonriver Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1384

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Estimated Market Risk

 8.78
  actual daily
78
78% of assets are less volatile

Expected Return

 1.22
  actual daily
24
76% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Moonriver is performing at about 10% 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 Moonriver by adding it to a well-diversified portfolio.

Moonriver Main Headline on 21st of November 2024

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Moonriver Valuation on November 21, 2024

It is possible to determine the worth of Moonriver on a given historical date. On November 21, 2024 Moonriver was worth 12.16 at the beginning of the trading date compared to the closed value of 12.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Moonriver crypto coin. Still, in general, we apply an absolute valuation method to find Moonriver'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 Moonriver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Moonriver's related companies.
 Open High Low Close Volume
  11.27    12.18    10.94    12.16    143,024  
11/21/2024
  12.16    12.37    11.51    12.37    109,011  
  12.37    19.09    12.29    18.39    1,749,402  
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Open Value
12.16
12.37
Closing Value
38.51
Upside

Moonriver Trading Date Momentum on November 21, 2024

On November 22 2024 Moonriver was traded for  18.39  at the closing time. The highest price during the trading period was 19.09  and the lowest recorded bid was listed for  12.29 . The volume for the day was 1.7 M. This history from November 22, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 48.67% . The trading delta at closing time to the current price is 33.71% .

About Moonriver Crypto Coin history

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

Moonriver Crypto Coin Technical Analysis

Moonriver 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 Moonriver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Moonriver 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

Moonriver Period Price Range

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Moonriver 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.

Moonriver November 28, 2024 Market Strength

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

Moonriver Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Moonriver's price direction in advance. Along with the technical and fundamental analysis of Moonriver Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Moonriver 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 Moonriver offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Moonriver'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 Moonriver Crypto.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Moonriver. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between Moonriver's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Moonriver 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, Moonriver's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.