PRE Price on July 21, 2023
| PRE Crypto | USD 0.01 0.0004 2.61% |
If you're considering investing in PRE Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of PRE stands at 0.01, as last reported on the 28th of November, with the highest price reaching 0.02 and the lowest price hitting 0.01 during the day. PRE appears to be exceptionally volatile, given 3 months investment horizon. PRE maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies digital coin had a 0.11% return per unit of risk over the last 3 months. By inspecting PRE's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please evaluate PRE's Risk Adjusted Performance of 0.0833, semi deviation of 4.91, and Mean Deviation of 5.61 to confirm if our risk estimates are consistent with your expectations.
PRE Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
PRE |
Sharpe Ratio = 0.1109
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.36 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average PRE is performing at about 8% 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 PRE by adding it to a well-diversified portfolio.
PRE Valuation on July 21, 2023
It is possible to determine the worth of PRE on a given historical date. On July 21, 2023 PRE was worth 0.0317 at the beginning of the trading date compared to the closed value of 0.0325. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PRE crypto coin. Still, in general, we apply an absolute valuation method to find PRE'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 PRE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PRE's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.03 | 216,241 | |
07/21/2023 | 0.03 | 0.03 | 0.03 | 0.03 | 21,080 |
| 0.02 | 0.02 | 0.02 | 0.02 | 663,013 |
| Backtest PRE | | | PRE History | Previous | Next |
PRE Trading Date Momentum on July 21, 2023
| On May 25 2024 PRE was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.02 . The daily volume was recorded at 663 K. The volume of trading on 25th of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 40.31% . The trading delta at closing time to the closing price today is 40.92% . |
About PRE Crypto Coin history
PRE 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 PRE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PRE 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.
PRE Crypto Coin Technical Analysis
PRE 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
PRE Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
PRE 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.
PRE November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how PRE 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 PRE shares will generate the highest return on investment.
PRE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PRE's price direction in advance. Along with the technical and fundamental analysis of PRE Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of PRE 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 | 0.0833 | |||
| Jensen Alpha | 0.5444 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.1332 | |||
| Treynor Ratio | 0.3628 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PRE. 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 Anywhere module to track or share privately all of your investments from the convenience of any device.