Worldwide Asset Price on November 22, 2024
| WAXP Crypto | USD 0.05 0 3.58% |
If you're considering investing in Worldwide Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Worldwide Asset stands at 0.05, as last reported on the 25th of November, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. Worldwide Asset appears to be very risky, given 3 months investment horizon. Worldwide Asset eXchange shows Sharpe Ratio of 0.15, which attests that digital coin had a 0.15% return per unit of risk over the last 3 months. By examining Worldwide Asset's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Worldwide Asset's Market Risk Adjusted Performance of 1.09, mean deviation of 3.66, and Downside Deviation of 4.77 to validate if our risk estimates are consistent with your expectations.
Worldwide Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Worldwide |
Sharpe Ratio = 0.1546
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Estimated Market Risk
| 4.98 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Worldwide Asset is performing at about 12% 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 Worldwide Asset by adding it to a well-diversified portfolio.
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Worldwide Asset Valuation on November 22, 2024
It is possible to determine the worth of Worldwide Asset on a given historical date. On November 22, 2024 Worldwide was worth 0.0447 at the beginning of the trading date compared to the closed value of 0.0463. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Worldwide Asset crypto coin. Still, in general, we apply an absolute valuation method to find Worldwide Asset'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 Worldwide Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Worldwide Asset's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 380,390 | |
11/22/2024 | 0.04 | 0.05 | 0.04 | 0.05 | 507,537 |
| 0.04 | 0.05 | 0.04 | 0.05 | 0.00 |
| Backtest Worldwide Asset | | | Worldwide Asset History | Previous | Next |
Worldwide Asset Trading Date Momentum on November 22, 2024
| On November 25 2024 Worldwide Asset eXchange 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 0.04 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 3.39% . |
About Worldwide Asset Crypto Coin history
Worldwide Asset 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 Worldwide is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Worldwide Asset eXchange 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.
Worldwide Asset Crypto Coin Technical Analysis
Worldwide Asset 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
Worldwide Asset Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Worldwide Asset eXchange 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.
Worldwide Asset November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Worldwide Asset 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 Worldwide Asset shares will generate the highest return on investment.
Worldwide Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Worldwide Asset's price direction in advance. Along with the technical and fundamental analysis of Worldwide Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Worldwide 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 | 0.127 | |||
| Jensen Alpha | 0.6749 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.134 | |||
| Treynor Ratio | 1.08 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worldwide Asset eXchange. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.