Wrapped EETH Price on October 29, 2024
| WEETH Crypto | USD 3,560 61.90 1.77% |
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 EETH stands at 3,560, as last reported on the 25th of November, with the highest price reaching 3,567 and the lowest price hitting 3,557 during the day. Wrapped EETH appears to be very volatile, given 3 months investment horizon. Wrapped eETH 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 EETH's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Wrapped EETH's Market Risk Adjusted Performance of 0.3195, downside deviation of 3.72, and Mean Deviation of 2.65 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 = 0.1502
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.52 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 EETH 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 EETH by adding it to a well-diversified portfolio.
Wrapped EETH Valuation on October 29, 2024
It is possible to determine the worth of Wrapped EETH on a given historical date. On October 29, 2024 Wrapped was worth 2764.79 at the beginning of the trading date compared to the closed value of 2788.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wrapped EETH crypto coin. Still, in general, we apply an absolute valuation method to find Wrapped EETH'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 EETH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wrapped EETH's related companies.
| Open | High | Low | Close | Volume | |
| 2,692 | 2,767 | 2,765 | 2,765 | 1,818 | |
10/29/2024 | 2,765 | 2,789 | 2,786 | 2,789 | 10,902 |
| 2,789 | 2,638 | 2,636 | 2,636 | 420.77 |
| Backtest Wrapped EETH | | | Wrapped EETH History | Previous | Next |
Wrapped EETH Trading Date Momentum on October 29, 2024
| On October 30 2024 Wrapped eETH was traded for 2,636 at the closing time. The highest price during the trading period was 2,638 and the lowest recorded bid was listed for 2,636 . The volume for the day was 421. This history from October 30, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 5.48% . The trading price change to the current price is 11.82% . |
About Wrapped EETH Crypto Coin history
Wrapped EETH 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 eETH 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 EETH Crypto Coin Technical Analysis
Wrapped EETH 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 EETH Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Wrapped eETH 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 EETH November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Wrapped EETH 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 EETH shares will generate the highest return on investment.
Wrapped EETH Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wrapped EETH'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 | 0.0877 | |||
| Jensen Alpha | 0.2308 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0693 | |||
| Treynor Ratio | 0.3095 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrapped eETH. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.