Safe Price on May 25, 2024
| SAFE Crypto | USD 1.07 0.01 0.94% |
If you're considering investing in Safe Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Safe stands at 1.07, as last reported on the 25th of November, with the highest price reaching 1.07 and the lowest price hitting 1.07 during the day. Safe appears to be unreasonably risky, given 3 months investment horizon. Safe owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0926, which indicates digital coin had a 0.0926% return per unit of risk over the last 3 months. By inspecting Safe's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please review Safe's Coefficient Of Variation of 1079.63, semi deviation of 5.62, and Risk Adjusted Performance of 0.0801 to confirm if our risk estimates are consistent with your expectations.
Safe Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Safe |
Sharpe Ratio = 0.0926
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.83 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Safe is performing at about 7% 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 Safe by adding it to a well-diversified portfolio.
Safe Valuation on May 25, 2024
It is possible to determine the worth of Safe on a given historical date. On May 25, 2024 Safe was worth 2.21 at the beginning of the trading date compared to the closed value of 2.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Safe crypto coin. Still, in general, we apply an absolute valuation method to find Safe'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 Safe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Safe's related companies.
| Open | High | Low | Close | Volume | |
05/25/2024 | 2.21 | 2.29 | 2.15 | 2.22 | 119,314 |
| 2.14 | 2.43 | 2.09 | 2.22 | 240,999 |
| Backtest Safe | | | Safe History | Next |
Safe 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 Safe Crypto Coin history
Safe 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 Safe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Safe 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.
Safe Crypto Coin Technical Analysis
Safe 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
Safe Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Safe 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.
Safe November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Safe 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 Safe shares will generate the highest return on investment.
Safe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Safe's price direction in advance. Along with the technical and fundamental analysis of Safe Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Safe 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 | 0.0801 | |||
| Jensen Alpha | 0.7774 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0878 | |||
| Treynor Ratio | (1.39) |
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| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safe. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.