ZCash Price on November 26, 2024
| ZEC Crypto | USD 75.06 15.75 26.56% |
If you're considering investing in ZCash Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ZCash stands at 75.06, as last reported on the 2nd of December, with the highest price reaching 79.40 and the lowest price hitting 74.72 during the day. ZCash is unusually risky given 3 months investment horizon. ZCash shows Sharpe Ratio of 0.25, which attests that digital coin had a 0.25% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.64% are justified by taking the suggested risk. Use ZCash Downside Deviation of 4.53, mean deviation of 4.61, and Market Risk Adjusted Performance of 1.85 to evaluate coin specific risk that cannot be diversified away.
ZCash Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ZCash |
Sharpe Ratio = 0.2515
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.52 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.64 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average ZCash is performing at about 19% 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 ZCash by adding it to a well-diversified portfolio.
ZCash Valuation on November 26, 2024
It is possible to determine the worth of ZCash on a given historical date. On November 26, 2024 ZCash was worth 51.27 at the beginning of the trading date compared to the closed value of 56.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZCash crypto coin. Still, in general, we apply an absolute valuation method to find ZCash'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 ZCash where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZCash's related companies.
| Open | High | Low | Close | Volume | |
| 47.80 | 52.49 | 43.86 | 51.27 | 2,503,745 | |
11/26/2024 | 51.27 | 58.52 | 50.42 | 56.51 | 7,229,575 |
| 56.51 | 59.05 | 55.08 | 55.70 | 3,057,749 |
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ZCash Trading Date Momentum on November 26, 2024
| On November 27 2024 ZCash was traded for 55.70 at the closing time. The maximum traded price for the trading interval was 59.05 and the lowest daily price was 55.08 . The daily volume was recorded at 3.1 M. The volume of trading on 27th of November 2024 played a part in the next trading day price drop. The trading date delta to the next closing price was 1.43% . The trading date delta to the closing price today is 32.24% . |
About ZCash Crypto Coin history
ZCash 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 ZCash is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZCash 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.
ZCash Crypto Coin Technical Analysis
ZCash 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
ZCash Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ZCash 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.
ZCash December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ZCash 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 ZCash shares will generate the highest return on investment.
ZCash Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZCash's price direction in advance. Along with the technical and fundamental analysis of ZCash Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZCash 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 | 0.1517 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | 0.1082 | |||
| Sortino Ratio | 0.2116 | |||
| Treynor Ratio | 1.84 |
| Cycle Indicators | ||
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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 ZCash. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.