Ankr Network Price on October 25, 2024
ANKR Crypto | USD 0.04 0.0004 0.94% |
If you're considering investing in Ankr Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Ankr Network stands at 0.04, as last reported on the 28th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Ankr Network is very risky given 3 months investment horizon. Ankr Network secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that digital coin had a 0.21% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Ankr Network Downside Deviation of 4.4, risk adjusted performance of 0.1578, and Mean Deviation of 3.56 to evaluate coin specific risk that cannot be diversified away.
Ankr Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Ankr |
Sharpe Ratio = 0.2054
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
4.96 actual daily | 44 56% of assets are more volatile |
Expected Return
1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Ankr Network 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 Ankr Network by adding it to a well-diversified portfolio.
Ankr Network Valuation on October 25, 2024
It is possible to determine the worth of Ankr Network on a given historical date. On October 25, 2024 Ankr was worth 0.0245 at the beginning of the trading date compared to the closed value of 0.0246. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ankr Network crypto coin. Still, in general, we apply an absolute valuation method to find Ankr Network'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 Ankr Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ankr Network's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.02 | 0.02 | 17,046,619 | |
10/25/2024 | 0.02 | 0.03 | 0.02 | 0.02 | 8,310,489 |
0.02 | 0.03 | 0.02 | 0.03 | 8,145,579 |
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Ankr Network Trading Date Momentum on October 25, 2024
On October 28 2024 Ankr Network was traded for 0.03 at the closing time. The highest price during the trading period was 0.03 and the lowest recorded bid was listed for 0.02 . The volume for the day was 8.1 M. This history from October 28, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 6.10% . The overall trading delta to the current price is 9.35% . |
About Ankr Network Crypto Coin history
Ankr Network 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 Ankr is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ankr Network 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.
Ankr Network Crypto Coin Technical Analysis
Ankr Network 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
Ankr Network Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ankr Network 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.
Ankr Network November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ankr Network 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 Ankr Network shares will generate the highest return on investment.
Ankr Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ankr Network's price direction in advance. Along with the technical and fundamental analysis of Ankr Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ankr 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 | 0.1578 | |||
Jensen Alpha | 0.7992 | |||
Total Risk Alpha | 0.2076 | |||
Sortino Ratio | 0.1892 | |||
Treynor Ratio | 0.7389 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ankr Network. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.