Storj Price on November 25, 2024
| STORJ Crypto | USD 0.58 0.02 3.57% |
If you're considering investing in Storj Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Storj stands at 0.58, as last reported on the 26th of November, with the highest price reaching 0.59 and the lowest price hitting 0.56 during the day. Storj appears to be unusually volatile, given 3 months investment horizon. Storj owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates digital coin had a 0.14% return per unit of risk over the last 3 months. By inspecting Storj's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please review Storj's Coefficient Of Variation of 1106.81, semi deviation of 4.9, and Risk Adjusted Performance of 0.0782 to confirm if our risk estimates are consistent with your expectations.
Storj Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Storj |
Sharpe Ratio = 0.1369
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Estimated Market Risk
| 6.58 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Storj is performing at about 10% 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 Storj by adding it to a well-diversified portfolio.
Storj Valuation on November 25, 2024
It is possible to determine the worth of Storj on a given historical date. On November 25, 2024 Storj was worth 0.56 at the beginning of the trading date compared to the closed value of 0.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Storj crypto coin. Still, in general, we apply an absolute valuation method to find Storj'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 Storj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Storj's related companies.
| Open | High | Low | Close | Volume | |
| 0.53 | 0.56 | 0.52 | 0.56 | 1,495,340 | |
11/25/2024 | 0.56 | 0.59 | 0.56 | 0.58 | 63,861 |
| Backtest Storj | | | Storj History | Previous |
Storj Trading Date Momentum on November 25, 2024
| On November 25 2024 Storj was traded for 0.58 at the closing time. The highest price during the trading period was 0.59 and the lowest recorded bid was listed for 0.56 . The volume for the day was 63.9 K. This history from November 25, 2024 did not result in any price rise and fall. The trading price change to the current price is 3.45% . |
About Storj Crypto Coin history
Storj 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 Storj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Storj 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.
Storj Crypto Coin Technical Analysis
Storj 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
Storj Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Storj 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.
Storj November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Storj 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 Storj shares will generate the highest return on investment.
Storj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Storj's price direction in advance. Along with the technical and fundamental analysis of Storj Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Storj 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 | 0.0782 | |||
| Jensen Alpha | 0.4725 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0759 | |||
| Treynor Ratio | 0.5727 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Storj. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.