Arweave Price on July 21, 2023
AR Crypto | USD 21.61 0.30 1.41% |
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 21.61, as last reported on the 28th of November, with the highest price reaching 21.61 and the lowest price hitting 21.20 during the day. At this point, Arweave is unusually risky. Arweave secures Sharpe Ratio (or Efficiency) of 0.0272, which signifies that digital coin had a 0.0272% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Arweave, which you can use to evaluate the volatility of coin. Please confirm Arweave's Mean Deviation of 4.11, standard deviation of 5.5, and Risk Adjusted Performance of 0.0028 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Arweave Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Arweave |
Sharpe Ratio = 0.0272
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
5.65 actual daily | 50 50% of assets are less volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Arweave is performing at about 2% 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 21, 2023
It is possible to determine the worth of Arweave on a given historical date. On July 21, 2023 Arweave was worth 5.88 at the beginning of the trading date compared to the closed value of 5.9. 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 | |
5.93 | 6.10 | 5.86 | 5.88 | 47,276 | |
07/21/2023 | 5.88 | 6.00 | 5.83 | 5.90 | 32,274 |
40.79 | 41.29 | 39.94 | 40.24 | 300,194 |
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Arweave Trading Date Momentum on July 21, 2023
On May 25 2024 Arweave was traded for 40.24 at the closing time. The highest daily price throughout the period was 41.29 and the lowest price was 39.94 . The daily volume was 300.2 K. The net trading volume on 05/25/2024 added to the next day price growth. The overall trading delta to closing price of the next trading day was 582.03% . The overall trading delta to current closing price is 591.36% . |
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 28, 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 28, 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 | 0.0028 | |||
Jensen Alpha | (0.33) | |||
Total Risk Alpha | (0.92) | |||
Treynor Ratio | (0.02) |
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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.