UUU Price on December 2, 2024
UUU Crypto | USD 0.000008 0.000001 14.29% |
If you're considering investing in UUU Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of UUU stands at 0.000008, as last reported on the 3rd of December, with the highest price reaching 0.000008 and the lowest price hitting 0.000008 during the day. UUU is extremely risky given 3 months investment horizon. UUU owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates digital coin had a 0.23% return per unit of risk over the last 3 months. We are able to break down and analyze data for seventeen different technical indicators, which can help you to evaluate if expected returns of 1.2% are justified by taking the suggested risk. Use UUU Risk Adjusted Performance of 0.1231, variance of 34.1, and Coefficient Of Variation of 667.54 to evaluate coin specific risk that cannot be diversified away.
UUU Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
UUU |
Sharpe Ratio = 0.2271
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
5.27 actual daily | 46 54% of assets are more volatile |
Expected Return
1.2 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average UUU is performing at about 17% 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 UUU by adding it to a well-diversified portfolio.
UUU Valuation on December 2, 2024
It is possible to determine the worth of UUU on a given historical date. On December 2, 2024 UUU was worth 8.0E-6 at the beginning of the trading date compared to the closed value of 8.0E-6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UUU crypto coin. Still, in general, we apply an absolute valuation method to find UUU'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 UUU where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UUU's related companies.
Open | High | Low | Close | Volume | |
0.000008 | 0.000008 | 0.000008 | 0.000008 | 1.00 | |
12/02/2024 | 0.000008 | 0.000008 | 0.000008 | 0.000008 | 1.00 |
0.00000767 | 0.00000769 | 0.00000766 | 0.000008 | 0.00 |
Backtest UUU | | | UUU History | Previous | Next |
UUU Trading Date Momentum on December 2, 2024
On December 03 2024 UUU was traded for 0.000008 at the closing time. The maximum traded price for the trading interval was 0.00000769 and the lowest daily price was 0.00000766 . There was no trading activity during the period 0.0. Lack of trading volume on 3rd of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 4.13% . |
About UUU Crypto Coin history
UUU 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 UUU is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UUU 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.
UUU Crypto Coin Technical Analysis
UUU 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
UUU Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
UUU 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.
UUU December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how UUU 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 UUU shares will generate the highest return on investment.
UUU Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UUU's price direction in advance. Along with the technical and fundamental analysis of UUU Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of UUU 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 | 0.1231 | |||
Jensen Alpha | 0.878 | |||
Total Risk Alpha | (0.01) | |||
Treynor Ratio | (7.52) |
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Math Operators | ||
Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UUU. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.