XDN Price on November 21, 2024
| XDN Crypto | USD 0.000043 0.000005 13.16% |
If you're considering investing in XDN Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of XDN stands at 0.000043, as last reported on the 28th of November, with the highest price reaching 0.000043 and the lowest price hitting 0.000038 during the day. XDN is abnormally risky given 3 months investment horizon. XDN 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. We were able to interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 2.44% are justified by taking the suggested risk. Use XDN Downside Deviation of 16.75, risk adjusted performance of 0.1166, and Mean Deviation of 7.25 to evaluate coin specific risk that cannot be diversified away.
XDN Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
XDN |
Sharpe Ratio = 0.1408
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Estimated Market Risk
| 17.33 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.44 actual daily | 48 52% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average XDN 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 XDN by adding it to a well-diversified portfolio.
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XDN Valuation on November 21, 2024
It is possible to determine the worth of XDN on a given historical date. On November 21, 2024 XDN was worth 3.9E-5 at the beginning of the trading date compared to the closed value of 4.0E-5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XDN crypto coin. Still, in general, we apply an absolute valuation method to find XDN'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 XDN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XDN's related companies.
| Open | High | Low | Close | Volume | |
| 0.000038 | 0.000039 | 0.000038 | 0.000039 | 1.00 | |
11/21/2024 | 0.000039 | 0.00004 | 0.000039 | 0.00004 | 1.00 |
| 0.00004 | 0.000039 | 0.000039 | 0.000039 | 1.00 |
| Backtest XDN | | | XDN History | Previous | Next |
XDN Trading Date Momentum on November 21, 2024
| On November 22 2024 XDN was traded for 0.000039 at the closing time. The maximum traded price for the trading interval was 0.000039 and the lowest daily price was 0.000039 . There was no trading activity during the period 1.0. Lack of trading volume on 22nd of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 2.50% . The trading price change to the closing price today is 5.00% . |
About XDN Crypto Coin history
XDN 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 XDN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XDN 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.
XDN Crypto Coin Technical Analysis
XDN 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
XDN Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
XDN 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.
XDN November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how XDN 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 XDN shares will generate the highest return on investment.
XDN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XDN's price direction in advance. Along with the technical and fundamental analysis of XDN Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of XDN 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 | 0.1166 | |||
| Jensen Alpha | 2.21 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.136 | |||
| Treynor Ratio | 1.5 |
| Cycle Indicators | ||
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| Math Transform | ||
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| 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 XDN. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.