Arweave Price on July 5, 2024
AR Crypto | USD 25.74 3.50 15.74% |
If you're considering investing in Arweave Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Arweave stands at 25.74, as last reported on the 30th of November, with the highest price reaching 26.19 and the lowest price hitting 21.90 during the day. Arweave appears to be unusually risky, given 3 months investment horizon. Arweave secures Sharpe Ratio (or Efficiency) of 0.0489, which signifies that digital coin had a 0.0489% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Arweave, which you can use to evaluate the volatility of coin. Please makes use of Arweave's Downside Deviation of 5.36, mean deviation of 4.23, and Risk Adjusted Performance of 0.0345 to double-check if our risk estimates are consistent with your expectations.
Arweave Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Arweave |
Sharpe Ratio = 0.0489
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Estimated Market Risk
5.57 actual daily | 49 51% of assets are more volatile |
Expected Return
0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Arweave is performing at about 3% 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 Arweave by adding it to a well-diversified portfolio.
Arweave Valuation on July 5, 2024
It is possible to determine the worth of Arweave on a given historical date. On July 5, 2024 Arweave was worth 22.24 at the beginning of the trading date compared to the closed value of 23.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Arweave crypto coin. Still, in general, we apply an absolute valuation method to find Arweave'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 Arweave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Arweave's related companies.
Open | High | Low | Close | Volume | |
22.43 | 22.94 | 20.33 | 22.24 | 1,133,792 | |
07/05/2024 | 22.24 | 24.09 | 22.38 | 23.95 | 354,490 |
22.11 | 23.13 | 22.20 | 22.38 | 203,206 |
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Arweave Trading Date Momentum on July 5, 2024
On July 08 2024 Arweave was traded for 22.38 at the closing time. The highest daily price throughout the period was 23.13 and the lowest price was 22.20 . The daily volume was 203.2 K. The net trading volume on 07/08/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 6.56% . The overall trading delta to current closing price is 16.08% . |
About Arweave Crypto Coin history
Arweave 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 Arweave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Arweave 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.
Arweave Crypto Coin Technical Analysis
Arweave 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
Arweave Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Arweave 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.
Arweave November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Arweave 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 Arweave shares will generate the highest return on investment.
Arweave Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Arweave's price direction in advance. Along with the technical and fundamental analysis of Arweave Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Arweave 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 | 0.0345 | |||
Jensen Alpha | 0.055 | |||
Total Risk Alpha | (0.75) | |||
Sortino Ratio | 0.0094 | |||
Treynor Ratio | 0.1845 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arweave. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.