SAFEX Price on November 24, 2024

SAFEX Crypto  USD 0.01  0.000022  0.41%   
If you're considering investing in SAFEX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SAFEX stands at 0.01, as last reported on the 28th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. We have found twenty-seven technical indicators for SAFEX, which you can use to evaluate the volatility of coin. Please validate SAFEX's Downside Deviation of 1.88, market risk adjusted performance of (0.16), and Risk Adjusted Performance of 0.0531 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
  
SAFEX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average SAFEX 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 SAFEX by adding SAFEX to a well-diversified portfolio.

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SAFEX Valuation on November 24, 2024

It is possible to determine the worth of SAFEX on a given historical date. On November 24, 2024 SAFEX was worth 0.005384 at the beginning of the trading date compared to the closed value of 0.005362. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SAFEX crypto coin. Still, in general, we apply an absolute valuation method to find SAFEX'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 SAFEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SAFEX's related companies.
 Open High Low Close Volume
11/28/2024
  0.01    0.01    0.01    0.01    0.00  
Backtest SAFEX  |  SAFEX History
Open Value
0.005384
0.005362
Closing Value
0.01
Upside

SAFEX Trading Date Momentum on November 24, 2024

About SAFEX Crypto Coin history

SAFEX 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 SAFEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SAFEX 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.

SAFEX Crypto Coin Technical Analysis

SAFEX 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.
A focus of SAFEX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SAFEX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SAFEX Period Price Range

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November 28, 2024
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SAFEX 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.

SAFEX November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how SAFEX 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 SAFEX shares will generate the highest return on investment.

SAFEX Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SAFEX's price direction in advance. Along with the technical and fundamental analysis of SAFEX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SAFEX 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.
When determining whether SAFEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SAFEX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Safex Crypto.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between SAFEX's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine SAFEX value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, SAFEX's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.