Horizen Price on November 27, 2024
| ZEN Crypto | USD 16.33 1.48 9.97% |
If you're considering investing in Horizen Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Horizen stands at 16.33, as last reported on the 30th of November, with the highest price reaching 18.14 and the lowest price hitting 14.79 during the day. Horizen is unusually volatile given 3 months investment horizon. Horizen holds Efficiency (Sharpe) Ratio of 0.2, which attests that digital coin had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.36% are justified by taking the suggested risk. Use Horizen Market Risk Adjusted Performance of 0.8572, risk adjusted performance of 0.1609, and Downside Deviation of 4.1 to evaluate coin specific risk that cannot be diversified away.
Horizen Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Horizen |
Sharpe Ratio = 0.2045
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Estimated Market Risk
| 6.67 actual daily | 59 59% of assets are less volatile |
Expected Return
| 1.36 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Horizen is performing at about 16% 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 Horizen by adding it to a well-diversified portfolio.
Horizen Valuation on November 27, 2024
It is possible to determine the worth of Horizen on a given historical date. On November 27, 2024 Horizen was worth 16.28 at the beginning of the trading date compared to the closed value of 15.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizen crypto coin. Still, in general, we apply an absolute valuation method to find Horizen'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 Horizen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizen's related companies.
| Open | High | Low | Close | Volume | |
| 11.92 | 16.29 | 11.79 | 16.28 | 1,616,812 | |
11/27/2024 | 16.28 | 16.81 | 14.71 | 15.02 | 877,096 |
| 15.02 | 16.61 | 14.07 | 14.85 | 618,990 |
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Horizen Trading Date Momentum on November 27, 2024
| On November 28 2024 Horizen was traded for 14.85 at the closing time. The maximum traded price for the trading interval was 16.61 and the lowest daily price was 14.07 . The daily volume was recorded at 619 K. The volume of trading on 28th of November 2024 played a part in the next trading day price drop. The trading date delta to the next closing price was 1.13% . The trading delta at closing time to the closing price today is 1.13% . |
About Horizen Crypto Coin history
Horizen 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 Horizen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Horizen 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.
Horizen Crypto Coin Technical Analysis
Horizen 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
Horizen Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Horizen 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.
Horizen November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Horizen 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 Horizen shares will generate the highest return on investment.
Horizen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizen's price direction in advance. Along with the technical and fundamental analysis of Horizen Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Horizen 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 | 0.1609 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | 0.2021 | |||
| Sortino Ratio | 0.2883 | |||
| Treynor Ratio | 0.8472 |
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| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Horizen. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.