STEEM Price on October 4, 2024
| STEEM Crypto | USD 0.22 0.01 4.76% |
If you're considering investing in STEEM Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of STEEM stands at 0.22, as last reported on the 22nd of November, with the highest price reaching 0.22 and the lowest price hitting 0.22 during the day. STEEM appears to be very risky, given 3 months investment horizon. STEEM owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0986, which indicates digital coin had a 0.0986% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for STEEM, which you can use to evaluate the volatility of coin. Please review STEEM's risk adjusted performance of 0.0514, and Coefficient Of Variation of 1766.26 to confirm if our risk estimates are consistent with your expectations.
STEEM Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
STEEM |
Sharpe Ratio = 0.0986
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average STEEM 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 STEEM by adding it to a well-diversified portfolio.
STEEM Valuation on October 4, 2024
It is possible to determine the worth of STEEM on a given historical date. On October 4, 2024 STEEM was worth 0.17 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STEEM crypto coin. Still, in general, we apply an absolute valuation method to find STEEM'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 STEEM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STEEM's related companies.
| Open | High | Low | Close | Volume | |
| 0.17 | 0.17 | 0.17 | 0.17 | 11,722 | |
10/04/2024 | 0.17 | 0.17 | 0.17 | 0.17 | 1.00 |
| 0.18 | 0.18 | 0.18 | 0.18 | 223.31 |
| Backtest STEEM | | | STEEM History | Previous | Next |
STEEM Trading Date Momentum on October 4, 2024
| On October 07 2024 STEEM was traded for 0.18 at the closing time. The highest price during the trading period was 0.18 and the lowest recorded bid was listed for 0.18 . The volume for the day was 223. This history from October 7, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 5.88% . The trading price change to the current price is 11.76% . |
About STEEM Crypto Coin history
STEEM 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 STEEM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in STEEM 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.
STEEM Crypto Coin Technical Analysis
STEEM 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
STEEM Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
STEEM 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.
STEEM November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how STEEM 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 STEEM shares will generate the highest return on investment.
STEEM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for STEEM's price direction in advance. Along with the technical and fundamental analysis of STEEM Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of STEEM 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 | 0.0514 | |||
| Jensen Alpha | 0.178 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0182 | |||
| Treynor Ratio | 0.3977 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STEEM. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.