Theta Fuel Price on September 4, 2024
| TFUEL Crypto | USD 0.08 0.01 12.43% |
If you're considering investing in Theta Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Theta Fuel stands at 0.08, as last reported on the 26th of November, with the highest price reaching 0.08 and the lowest price hitting 0.07 during the day. Theta Fuel appears to be very risky, given 3 months investment horizon. Theta Fuel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates digital coin had a 0.13% return per unit of risk over the last 3 months. By inspecting Theta Fuel's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Theta Fuel's Semi Deviation of 4.02, coefficient of variation of 836.49, and Risk Adjusted Performance of 0.0997 to confirm if our risk estimates are consistent with your expectations.
Theta Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Theta |
Sharpe Ratio = 0.1275
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TFUEL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.62 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Theta Fuel 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 Theta Fuel by adding it to a well-diversified portfolio.
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Theta Fuel Valuation on September 4, 2024
It is possible to determine the worth of Theta Fuel on a given historical date. On September 4, 2024 Theta was worth 0.0546 at the beginning of the trading date compared to the closed value of 0.0536. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Theta Fuel crypto coin. Still, in general, we apply an absolute valuation method to find Theta Fuel'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 Theta Fuel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Theta Fuel's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.06 | 0.05 | 0.05 | 148,297 | |
09/04/2024 | 0.05 | 0.06 | 0.05 | 0.05 | 100,603 |
| 0.05 | 0.05 | 0.05 | 0.05 | 157,121 |
| Backtest Theta Fuel | | | Theta Fuel History | Previous | Next |
Theta Fuel Trading Date Momentum on September 4, 2024
| On September 05 2024 Theta Fuel was traded for 0.05 at the closing time. The highest price during the trading period was 0.05 and the lowest recorded bid was listed for 0.05 . The volume for the day was 157.1 K. This history from September 5, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.43% . The trading price change to the current price is 14.18% . |
About Theta Fuel Crypto Coin history
Theta Fuel 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 Theta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Theta Fuel 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.
Theta Fuel Crypto Coin Technical Analysis
Theta Fuel 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
Theta Fuel Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Theta Fuel 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.
Theta Fuel November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Theta Fuel 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 Theta Fuel shares will generate the highest return on investment.
Theta Fuel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Theta Fuel's price direction in advance. Along with the technical and fundamental analysis of Theta Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Theta 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 | 0.0997 | |||
| Jensen Alpha | 0.4178 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.096 | |||
| Treynor Ratio | 0.5294 |
| 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 Theta Fuel. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.