Neutron Price on October 14, 2024
| NTRN Crypto | USD 0.53 0.02 3.92% |
If you're considering investing in Neutron Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Neutron stands at 0.53, as last reported on the 25th of November, with the highest price reaching 0.53 and the lowest price hitting 0.53 during the day. Neutron appears to be unusually risky, given 3 months investment horizon. Neutron has Sharpe Ratio of 0.12, which conveys that digital coin had a 0.12% return per unit of risk over the last 3 months. By analyzing Neutron's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Neutron's Mean Deviation of 4.37, risk adjusted performance of 0.06, and Downside Deviation of 6.87 to check out if our risk estimates are consistent with your expectations.
Neutron Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Neutron |
Sharpe Ratio = 0.124
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.8 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.72 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Neutron is performing at about 9% 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 Neutron by adding it to a well-diversified portfolio.
Neutron Valuation on October 14, 2024
It is possible to determine the worth of Neutron on a given historical date. On October 14, 2024 Neutron was worth 0.42 at the beginning of the trading date compared to the closed value of 0.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neutron crypto coin. Still, in general, we apply an absolute valuation method to find Neutron'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 Neutron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neutron's related companies.
| Open | High | Low | Close | Volume | |
| 0.39 | 0.40 | 0.39 | 0.40 | 1,107 | |
10/14/2024 | 0.42 | 0.43 | 0.40 | 0.41 | 11,075 |
| 0.41 | 0.41 | 0.40 | 0.40 | 663.56 |
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Neutron Trading Date Momentum on October 14, 2024
| On October 15 2024 Neutron was traded for 0.40 at the closing time. The highest price during the trading period was 0.41 and the lowest recorded bid was listed for 0.40 . The volume for the day was 664. This history from October 15, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.44% . The trading delta at closing time to the current price is 2.44% . |
About Neutron Crypto Coin history
Neutron 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 Neutron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neutron 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.
Neutron Crypto Coin Technical Analysis
Neutron 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
Neutron Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Neutron 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.
Neutron November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Neutron 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 Neutron shares will generate the highest return on investment.
Neutron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neutron's price direction in advance. Along with the technical and fundamental analysis of Neutron Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neutron 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 | 0.06 | |||
| Jensen Alpha | 0.1936 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0394 | |||
| Treynor Ratio | 0.2387 |
| Cycle Indicators | ||
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neutron. 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.