UTK Price on September 30, 2024
| UTK Crypto | USD 0.05 0 3.75% |
If you're considering investing in UTK Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of UTK stands at 0.05, as last reported on the 29th of November, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day. UTK appears to be extremely risky, given 3 months investment horizon. UTK owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0675, which indicates digital coin had a 0.0675% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for UTK, which you can use to evaluate the volatility of coin. Please review UTK's risk adjusted performance of 0.0432, and Coefficient Of Variation of 2213.91 to confirm if our risk estimates are consistent with your expectations.
UTK Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
UTK |
Sharpe Ratio = 0.0675
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.32 actual daily | 47 53% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average UTK is performing at about 5% 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 UTK by adding it to a well-diversified portfolio.
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UTK Valuation on September 30, 2024
It is possible to determine the worth of UTK on a given historical date. On September 30, 2024 UTK was worth 0.0418 at the beginning of the trading date compared to the closed value of 0.0377. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UTK crypto coin. Still, in general, we apply an absolute valuation method to find UTK'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 UTK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UTK's related companies.
| Open | High | Low | Close | Volume | |
| 0.05 | 0.05 | 0.04 | 0.04 | 8,479 | |
09/30/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 825,567 |
| 0.04 | 0.04 | 0.04 | 0.04 | 4,331 |
| Backtest UTK | | | UTK History | Previous | Next |
UTK Trading Date Momentum on September 30, 2024
| On October 01 2024 UTK was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 4.3 K. The volume of trading on 1st of October 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 0.27% . The trading price change to the closing price today is 5.04% . |
About UTK Crypto Coin history
UTK 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 UTK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UTK 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.
UTK Crypto Coin Technical Analysis
UTK 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
UTK Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
UTK 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.
UTK November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how UTK 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 UTK shares will generate the highest return on investment.
UTK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UTK's price direction in advance. Along with the technical and fundamental analysis of UTK Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of UTK 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 | 0.0432 | |||
| Jensen Alpha | 0.2473 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | (1.44) |
| 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 UTK. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.