Wrapped Beacon Price on November 25, 2024
| WBETH Crypto | USD 3,584 69.02 1.96% |
If you're considering investing in Wrapped Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Wrapped Beacon stands at 3,584, as last reported on the 25th of November, with the highest price reaching 3,584 and the lowest price hitting 3,581 during the day. Wrapped Beacon appears to be very volatile, given 3 months investment horizon. Wrapped Beacon ETH 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 Wrapped Beacon's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Wrapped Beacon's Mean Deviation of 2.7, market risk adjusted performance of 0.3244, and Downside Deviation of 3.82 to validate if our risk estimates are consistent with your expectations.
Wrapped Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Wrapped |
Sharpe Ratio = 0.1506
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Estimated Market Risk
| 3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Wrapped Beacon 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 Wrapped Beacon by adding it to a well-diversified portfolio.
Wrapped Beacon Valuation on November 25, 2024
It is possible to determine the worth of Wrapped Beacon on a given historical date. On November 25, 2024 Wrapped was worth 3515.14 at the beginning of the trading date compared to the closed value of 3584.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wrapped Beacon crypto coin. Still, in general, we apply an absolute valuation method to find Wrapped Beacon'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 Wrapped Beacon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wrapped Beacon's related companies.
| Open | High | Low | Close | Volume | |
| 3,515 | 3,584 | 3,515 | 3,584 | 13,731,035 | |
11/25/2024 | 3,515 | 3,584 | 3,581 | 3,584 | 0.00 |
| Backtest Wrapped Beacon | | | Wrapped Beacon History | Previous |
Wrapped Beacon Trading Date Momentum on November 25, 2024
| On November 25 2024 Wrapped Beacon ETH was traded for 3,584 at the closing time. The highest price during the trading period was 3,584 and the lowest recorded bid was listed for 3,581 . 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 1.93% . |
About Wrapped Beacon Crypto Coin history
Wrapped Beacon 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 Wrapped is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wrapped Beacon ETH 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.
Wrapped Beacon Crypto Coin Technical Analysis
Wrapped Beacon 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
Wrapped Beacon Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Wrapped Beacon ETH 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.
Wrapped Beacon November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Wrapped Beacon 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 Wrapped Beacon shares will generate the highest return on investment.
Wrapped Beacon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wrapped Beacon's price direction in advance. Along with the technical and fundamental analysis of Wrapped Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wrapped 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 | 0.0876 | |||
| Jensen Alpha | 0.2348 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0681 | |||
| Treynor Ratio | 0.3144 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrapped Beacon ETH. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.