WAN Price on November 4, 2024
WAN Crypto | USD 0.23 0.01 4.55% |
If you're considering investing in WAN Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of WAN stands at 0.23, as last reported on the 28th of November, with the highest price reaching 0.23 and the lowest price hitting 0.22 during the day. WAN appears to be very risky, given 3 months investment horizon. WAN shows Sharpe Ratio of 0.14, which attests that digital coin had a 0.14% return per unit of standard deviation over the last 3 months. By reviewing WAN's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize WAN's Downside Deviation of 6.52, risk adjusted performance of 0.1017, and Mean Deviation of 3.07 to validate if our risk estimates are consistent with your expectations.
WAN Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
WAN |
Sharpe Ratio = 0.1445
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average WAN is performing at about 11% 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 WAN by adding it to a well-diversified portfolio.
WAN Valuation on November 4, 2024
It is possible to determine the worth of WAN on a given historical date. On November 4, 2024 WAN was worth 0.15 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WAN crypto coin. Still, in general, we apply an absolute valuation method to find WAN'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 WAN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WAN's related companies.
Open | High | Low | Close | Volume | |
0.17 | 0.17 | 0.16 | 0.16 | 1,711,169 | |
11/04/2024 | 0.15 | 0.16 | 0.15 | 0.16 | 1,936,007 |
0.16 | 0.18 | 0.18 | 0.18 | 1,952,505 |
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WAN Trading Date Momentum on November 4, 2024
On November 05 2024 WAN was traded for 0.18 at the closing time. The maximum traded price for the trading interval was 0.18 and the lowest daily price was 0.18 . The daily volume was recorded at 2 M. The volume of trading on 5th of November 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 12.50% . The trading price change to the closing price today is 12.50% . |
About WAN Crypto Coin history
WAN 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 WAN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WAN 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.
WAN Crypto Coin Technical Analysis
WAN 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
WAN Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
WAN 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.
WAN November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how WAN 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 WAN shares will generate the highest return on investment.
WAN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WAN's price direction in advance. Along with the technical and fundamental analysis of WAN Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of WAN 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 | 0.1017 | |||
Jensen Alpha | 0.4109 | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | 0.0669 | |||
Treynor Ratio | 0.4521 |
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WAN. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.