Ontology Price on May 27, 2024
| ONT Crypto | USD 0.27 0.01 3.85% |
If you're considering investing in Ontology Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Ontology stands at 0.27, as last reported on the 29th of November, with the highest price reaching 0.27 and the lowest price hitting 0.26 during the day. Ontology appears to be very risky, given 3 months investment horizon. Ontology maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies digital coin had a 0.19% return per unit of risk over the last 3 months. By analyzing Ontology's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please evaluate Ontology's Coefficient Of Variation of 604.31, semi deviation of 3.63, and Risk Adjusted Performance of 0.1353 to confirm if our risk estimates are consistent with your expectations.
Ontology Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Ontology |
Sharpe Ratio = 0.1889
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ONT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.99 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ontology is performing at about 14% 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 Ontology by adding it to a well-diversified portfolio.
Ontology Valuation on May 27, 2024
It is possible to determine the worth of Ontology on a given historical date. On May 27, 2024 Ontology was worth 0.32 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ontology crypto coin. Still, in general, we apply an absolute valuation method to find Ontology'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 Ontology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ontology's related companies.
| Open | High | Low | Close | Volume | |
| 0.31 | 0.31 | 0.31 | 0.31 | 14,406 | |
05/27/2024 | 0.32 | 0.32 | 0.30 | 0.31 | 46,968 |
| 0.32 | 0.32 | 0.30 | 0.31 | 46,968 |
| Backtest Ontology | | | Ontology History | Previous | Next |
Ontology Trading Date Momentum on May 27, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About Ontology Crypto Coin history
Ontology 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 Ontology is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ontology 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.
Ontology Crypto Coin Technical Analysis
Ontology 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
Ontology Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Ontology 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.
Ontology November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Ontology 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 Ontology shares will generate the highest return on investment.
Ontology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ontology's price direction in advance. Along with the technical and fundamental analysis of Ontology Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ontology 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 | 0.1353 | |||
| Jensen Alpha | 0.6222 | |||
| Total Risk Alpha | 0.0643 | |||
| Sortino Ratio | 0.1115 | |||
| Treynor Ratio | 0.4883 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ontology. 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..