Sandbox Price on October 1, 2024
| SAND Crypto | USD 0.44 0.06 15.79% |
If you're considering investing in Sandbox Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Sandbox stands at 0.44, as last reported on the 25th of November, with the highest price reaching 0.46 and the lowest price hitting 0.37 during the day. Sandbox is unusually volatile given 3 months investment horizon. Sandbox owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates digital coin had a 0.16% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Sandbox Coefficient Of Variation of 854.18, semi deviation of 4.83, and Risk Adjusted Performance of 0.0987 to evaluate coin specific risk that cannot be diversified away.
Sandbox Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Sandbox |
Sharpe Ratio = 0.1628
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.59 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.07 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Sandbox is performing at about 12% 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 Sandbox by adding it to a well-diversified portfolio.
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Sandbox Valuation on October 1, 2024
It is possible to determine the worth of Sandbox on a given historical date. On October 1, 2024 Sandbox was worth 0.25 at the beginning of the trading date compared to the closed value of 0.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sandbox crypto coin. Still, in general, we apply an absolute valuation method to find Sandbox'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 Sandbox where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sandbox's related companies.
| Open | High | Low | Close | Volume | |
| 0.27 | 0.28 | 0.24 | 0.25 | 2,200,644 | |
10/01/2024 | 0.25 | 0.26 | 0.24 | 0.24 | 2,089,837 |
| 0.24 | 0.25 | 0.24 | 0.25 | 193,245 |
| Backtest Sandbox | | | Sandbox History | Previous | Next |
Sandbox Trading Date Momentum on October 1, 2024
| On October 02 2024 The Sandbox was traded for 0.25 at the closing time. The highest price during the trading period was 0.25 and the lowest recorded bid was listed for 0.24 . The volume for the day was 193.2 K. This history from October 2, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 4.17% . The trading price change to the current price is 8.33% . |
About Sandbox Crypto Coin history
Sandbox 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 Sandbox is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sandbox 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.
Sandbox Crypto Coin Technical Analysis
Sandbox 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
Sandbox Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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Sandbox November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Sandbox 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 Sandbox shares will generate the highest return on investment.
Sandbox Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sandbox's price direction in advance. Along with the technical and fundamental analysis of Sandbox Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sandbox 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 | 0.0987 | |||
| Jensen Alpha | 0.8128 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0919 | |||
| Treynor Ratio | (3.55) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Sandbox. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.