Sui Price on September 17, 2024

SUI Crypto  USD 3.44  0.05  1.43%   
If you're considering investing in Sui Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Sui stands at 3.44, as last reported on the 28th of November, with the highest price reaching 3.46 and the lowest price hitting 3.43 during the day. Sui is unusually volatile given 3 months investment horizon. Sui owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.37, which indicates digital coin had a 0.37% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.48% are justified by taking the suggested risk. Use Sui Coefficient Of Variation of 270.95, semi deviation of 3.37, and Risk Adjusted Performance of 0.2917 to evaluate coin specific risk that cannot be diversified away.
  
Sui Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3737

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Estimated Market Risk

 6.64
  actual daily
59
59% of assets are less volatile

Expected Return

 2.48
  actual daily
49
51% of assets have higher returns

Risk-Adjusted Return

 0.37
  actual daily
29
71% of assets perform better
Based on monthly moving average Sui is performing at about 29% 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 Sui by adding it to a well-diversified portfolio.

Sui Valuation on September 17, 2024

It is possible to determine the worth of Sui on a given historical date. On September 17, 2024 Sui was worth 1.17 at the beginning of the trading date compared to the closed value of 1.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sui crypto coin. Still, in general, we apply an absolute valuation method to find Sui'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 Sui where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sui's related companies.
 Open High Low Close Volume
  1.04    1.19    1.02    1.17    6,438,125  
09/17/2024
  1.17    1.32    1.14    1.32    14,406,377  
  1.32    1.41    1.31    1.38    21,697,866  
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Open Value
1.17
1.32
Closing Value
21.09
Upside

Sui Trading Date Momentum on September 17, 2024

On September 18 2024 Sui was traded for  1.38  at the closing time. The maximum traded price for the trading interval was 1.41  and the lowest daily price was  1.31 . The daily volume was recorded at 21.7 M. The volume of trading on 18th of September 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 4.55% . The trading price change to the closing price today is 25.76% .

About Sui Crypto Coin history

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

Sui Crypto Coin Technical Analysis

Sui 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 Sui technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sui 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

Sui Period Price Range

Low
November 28, 2024
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High

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Sui 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.

Sui November 28, 2024 Market Strength

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

Sui Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sui's price direction in advance. Along with the technical and fundamental analysis of Sui Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sui 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 Sui offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sui'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 Sui Crypto.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sui. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Please note, there is a significant difference between Sui's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Sui 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, Sui's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.