Serum Price on November 22, 2024
| SRM Crypto | USD 0.04 0.0009 2.39% |
If you're considering investing in Serum Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Serum stands at 0.04, as last reported on the 29th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Serum appears to be unusually risky, given 3 months investment horizon. Serum owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0835, which indicates digital coin had a 0.0835% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Serum, which you can use to evaluate the volatility of coin. Please review Serum's Risk Adjusted Performance of 0.0716, coefficient of variation of 1216.54, and Semi Deviation of 3.52 to confirm if our risk estimates are consistent with your expectations.
Serum Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Serum |
Sharpe Ratio = 0.0835
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.56 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Serum is performing at about 6% 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 Serum by adding it to a well-diversified portfolio.
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Serum Valuation on November 22, 2024
It is possible to determine the worth of Serum on a given historical date. On November 22, 2024 Serum was worth 0.0299 at the beginning of the trading date compared to the closed value of 0.0311. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Serum crypto coin. Still, in general, we apply an absolute valuation method to find Serum'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 Serum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Serum's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 809,346 | |
11/22/2024 | 0.03 | 0.04 | 0.03 | 0.03 | 3,110,977 |
| 0.03 | 0.04 | 0.03 | 0.04 | 4,076,652 |
| Backtest Serum | | | Serum History | Previous | Next |
Serum Trading Date Momentum on November 22, 2024
| On November 25 2024 Serum was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.03 . The daily volume was recorded at 4.1 M. The volume of trading on 25th of November 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 24.44% . The trading price change to the closing price today is 21.22% . |
About Serum Crypto Coin history
Serum 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 Serum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Serum 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.
Serum Crypto Coin Technical Analysis
Serum 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
Serum Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Serum 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.
Serum November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Serum 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 Serum shares will generate the highest return on investment.
Serum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Serum's price direction in advance. Along with the technical and fundamental analysis of Serum Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Serum 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 | 0.0716 | |||
| Jensen Alpha | 0.3107 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0649 | |||
| Treynor Ratio | 0.3923 |
| 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 Serum. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.