REDLANG Price on May 25, 2024
| REDLANG Crypto | USD 0 0.000001 0.1% |
If you're considering investing in REDLANG Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of REDLANG stands at 0, as last reported on the 28th of November, with the highest price reaching 0 and the lowest price hitting 0 during the day. REDLANG appears to be extremely risky, given 3 months investment horizon. REDLANG maintains Sharpe Ratio (i.e., Efficiency) of 0.0612, which implies digital coin had a 0.0612% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for REDLANG, which you can use to evaluate the volatility of coin. Please evaluate REDLANG's semi deviation of 4.42, and Risk Adjusted Performance of 0.06 to confirm if our risk estimates are consistent with your expectations.
REDLANG Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
REDLANG |
Sharpe Ratio = 0.0612
| Best Portfolio | Best Equity | |||
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| Small Returns | REDLANG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.29 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average REDLANG is performing at about 4% 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 REDLANG by adding it to a well-diversified portfolio.
REDLANG Valuation on May 25, 2024
It is possible to determine the worth of REDLANG on a given historical date. On May 25, 2024 REDLANG was worth 0.0 at the beginning of the trading date compared to the closed value of 0.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of REDLANG crypto coin. Still, in general, we apply an absolute valuation method to find REDLANG'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 REDLANG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against REDLANG's related companies.
| Open | High | Low | Close | Volume | |
05/25/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Backtest REDLANG | | | REDLANG History | Next |
REDLANG Trading Date Momentum on May 25, 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 REDLANG Crypto Coin history
REDLANG 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 REDLANG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in REDLANG 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.
REDLANG Crypto Coin Technical Analysis
REDLANG 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
REDLANG Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
REDLANG 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.
REDLANG November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how REDLANG 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 REDLANG shares will generate the highest return on investment.
REDLANG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for REDLANG's price direction in advance. Along with the technical and fundamental analysis of REDLANG Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of REDLANG 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 | 0.337 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0459 | |||
| Treynor Ratio | 6.11 |
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| 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 REDLANG. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.