MTA Price on October 17, 2024
MTA Crypto | USD 0.03 0.01 59.30% |
If you're considering investing in MTA Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of MTA stands at 0.03, as last reported on the 28th of November, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. MTA is abnormally risky given 3 months investment horizon. MTA retains Efficiency (Sharpe Ratio) of 0.15, which conveys that digital coin had a 0.15% return per unit of return volatility over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.85% are justified by taking the suggested risk. Use MTA Downside Deviation of 23.77, market risk adjusted performance of (0.51), and Mean Deviation of 17.0 to evaluate coin specific risk that cannot be diversified away.
MTA Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
MTA |
Sharpe Ratio = 0.1472
Best Portfolio | Best Equity | MTA | ||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
26.15 actual daily | 96 96% of assets are less volatile |
Expected Return
3.85 actual daily | 76 76% of assets have lower returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average MTA is performing at about 11% 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 MTA by adding it to a well-diversified portfolio.
MTA Valuation on October 17, 2024
It is possible to determine the worth of MTA on a given historical date. On October 17, 2024 MTA was worth 0.03 at the beginning of the trading date compared to the closed value of 0.0302. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MTA crypto coin. Still, in general, we apply an absolute valuation method to find MTA'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 MTA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MTA's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 2,256 | |
10/17/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 847.49 |
0.03 | 0.03 | 0.03 | 0.03 | 8,961 |
Backtest MTA | | | MTA History | Previous | Next |
MTA Trading Date Momentum on October 17, 2024
On October 18 2024 MTA was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.03 and the lowest daily price was 0.03 . The daily volume was recorded at 9 K. The volume of trading on 18th of October 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 1.66% . The trading delta at closing time to the closing price today is 0.33% . |
About MTA Crypto Coin history
MTA 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 MTA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MTA 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.
MTA Crypto Coin Technical Analysis
MTA 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
MTA Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
MTA 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.
MTA November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how MTA 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 MTA shares will generate the highest return on investment.
MTA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MTA's price direction in advance. Along with the technical and fundamental analysis of MTA Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of MTA 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 | 0.1047 | |||
Jensen Alpha | 3.99 | |||
Total Risk Alpha | (0.71) | |||
Sortino Ratio | 0.1324 | |||
Treynor Ratio | (0.52) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
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 MTA. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..