ZetaChain Price on November 25, 2024
| ZETA Crypto | USD 0.71 0.03 4.41% |
If you're considering investing in ZetaChain Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ZetaChain stands at 0.71, as last reported on the 25th of November, with the highest price reaching 0.73 and the lowest price hitting 0.66 during the day. ZetaChain appears to be exceptionally volatile, given 3 months investment horizon. ZetaChain shows Sharpe Ratio of 0.11, which attests that digital coin had a 0.11% return per unit of risk over the last 3 months. By examining ZetaChain's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize ZetaChain's Downside Deviation of 7.89, mean deviation of 6.14, and Market Risk Adjusted Performance of 0.7656 to validate if our risk estimates are consistent with your expectations.
ZetaChain Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ZetaChain |
Sharpe Ratio = 0.1123
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Estimated Market Risk
| 8.14 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average ZetaChain is performing at about 8% 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 ZetaChain by adding it to a well-diversified portfolio.
ZetaChain Valuation on November 25, 2024
It is possible to determine the worth of ZetaChain on a given historical date. On November 25, 2024 ZetaChain was worth 0.679 at the beginning of the trading date compared to the closed value of 0.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZetaChain crypto coin. Still, in general, we apply an absolute valuation method to find ZetaChain'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 ZetaChain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZetaChain's related companies.
| Open | High | Low | Close | Volume | |
| 0.68 | 0.73 | 0.66 | 0.71 | 584,126 | |
11/25/2024 | 0.68 | 0.73 | 0.66 | 0.71 | 0.00 |
| Backtest ZetaChain | | | ZetaChain History | Previous |
ZetaChain Trading Date Momentum on November 25, 2024
| On November 25 2024 ZetaChain was traded for 0.71 at the closing time. The highest price during the trading period was 0.73 and the lowest recorded bid was listed for 0.66 . 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 date delta to the current price is 4.37% . |
About ZetaChain Crypto Coin history
ZetaChain 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 ZetaChain is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZetaChain 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.
ZetaChain Crypto Coin Technical Analysis
ZetaChain 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
ZetaChain Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
ZetaChain 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.
ZetaChain November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how ZetaChain 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 ZetaChain shares will generate the highest return on investment.
ZetaChain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZetaChain's price direction in advance. Along with the technical and fundamental analysis of ZetaChain Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZetaChain 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 | 0.0585 | |||
| Jensen Alpha | 0.4502 | |||
| Total Risk Alpha | (0.80) | |||
| Sortino Ratio | 0.0526 | |||
| Treynor Ratio | 0.7556 |
| Cycle Indicators | ||
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| Math Transform | ||
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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 ZetaChain. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.