Bittensor Price on October 1, 2024
| TAO Crypto | USD 548.96 26.55 5.08% |
If you're considering investing in Bittensor Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Bittensor stands at 548.96, as last reported on the 26th of November, with the highest price reaching 562.13 and the lowest price hitting 541.31 during the day. Bittensor is unusually volatile given 3 months investment horizon. Bittensor secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that digital coin had a 0.18% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.26% are justified by taking the suggested risk. Use Bittensor Risk Adjusted Performance of 0.1063, downside deviation of 4.99, and Mean Deviation of 5.41 to evaluate coin specific risk that cannot be diversified away.
Bittensor Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Bittensor |
Sharpe Ratio = 0.181
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Estimated Market Risk
| 6.98 actual daily | 62 62% of assets are less volatile |
Expected Return
| 1.26 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Bittensor is performing at about 14% 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 Bittensor by adding it to a well-diversified portfolio.
Bittensor Valuation on October 1, 2024
It is possible to determine the worth of Bittensor on a given historical date. On October 1, 2024 Bittensor was worth 538.81 at the beginning of the trading date compared to the closed value of 520.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bittensor crypto coin. Still, in general, we apply an absolute valuation method to find Bittensor'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 Bittensor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bittensor's related companies.
| Open | High | Low | Close | Volume | |
| 577.96 | 616.71 | 514.90 | 538.81 | 6,335,939 | |
10/01/2024 | 538.81 | 579.87 | 495.51 | 520.37 | 3,442,228 |
| 520.37 | 544.98 | 472.61 | 496.85 | 2,832,338 |
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Bittensor Trading Date Momentum on October 1, 2024
| On October 02 2024 Bittensor was traded for 496.85 at the closing time. The maximum traded price for the trading interval was 544.98 and the lowest daily price was 472.61 . The daily volume was recorded at 2.8 M. The volume of trading on 2nd of October 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 4.52% . The overall trading delta to the closing price today is 19.35% . |
About Bittensor Crypto Coin history
Bittensor 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 Bittensor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bittensor 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.
Bittensor Crypto Coin Technical Analysis
Bittensor 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
Bittensor Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Bittensor 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.
Bittensor November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bittensor 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 Bittensor shares will generate the highest return on investment.
Bittensor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bittensor's price direction in advance. Along with the technical and fundamental analysis of Bittensor Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bittensor 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 | 0.1063 | |||
| Jensen Alpha | 0.8125 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1521 | |||
| Treynor Ratio | 1.58 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Bittensor. 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 Commodity Directory module to find actively traded commodities issued by global exchanges.