Pyth Network Price on November 25, 2024
| PYTH Crypto | USD 0.21 0.03 12.50% |
If you're considering investing in Pyth Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Pyth Network stands at 0.21, as last reported on the 26th of February, with the highest price reaching 0.21 and the lowest price hitting 0.21 during the day. Pyth Network maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies digital coin had a -0.14 % return per unit of risk over the last 3 months. Pyth Network exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pyth Network's Coefficient Of Variation of (735.50), variance of 54.33, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Pyth Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Pyth |
Sharpe Ratio = -0.136
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PYTH |
Estimated Market Risk
| 7.37 actual daily | 65 65% of assets are less volatile |
Expected Return
| -1.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pyth Network is not performing at its full potential. However, 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 Pyth Network by adding Pyth Network to a well-diversified portfolio.
Pyth Network Valuation on November 25, 2024
It is possible to determine the worth of Pyth Network on a given historical date. On November 25, 2024 Pyth was worth 0.45 at the beginning of the trading date compared to the closed value of 0.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pyth Network crypto coin. Still, in general, we apply an absolute valuation method to find Pyth Network'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 Pyth Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pyth Network's related companies.
| Open | High | Low | Close | Volume | |
| 0.41 | 0.44 | 0.40 | 0.42 | 1,487,988 | |
11/25/2024 | 0.45 | 0.46 | 0.41 | 0.43 | 846,937 |
| 0.43 | 0.48 | 0.42 | 0.47 | 1,562,284 |
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Pyth Network Trading Date Momentum on November 25, 2024
| On November 26 2024 Pyth Network was traded for 0.47 at the closing time. The highest price during the trading period was 0.48 and the lowest recorded bid was listed for 0.42 . The volume for the day was 1.6 M. This history from November 26, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 9.30% . The trading delta at closing time to the current price is 18.60% . |
About Pyth Network Crypto Coin history
Pyth Network 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 Pyth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pyth Network 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.
Pyth Network Crypto Coin Technical Analysis
Pyth Network 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
Pyth Network Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Pyth Network 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.
Pyth Network February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Pyth Network 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 Pyth Network shares will generate the highest return on investment.
Pyth Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pyth Network's price direction in advance. Along with the technical and fundamental analysis of Pyth Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pyth 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 | (0.09) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 0.5772 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyth Network. 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.