Avalanche Price on September 11, 2024
AVAX Crypto | USD 43.50 0.33 0.75% |
If you're considering investing in Avalanche Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Avalanche stands at 43.50, as last reported on the 28th of November, with the highest price reaching 43.88 and the lowest price hitting 43.22 during the day. Avalanche is extremely risky given 3 months investment horizon. Avalanche secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that digital coin had a 0.22% return per unit of standard deviation 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 1.15% are justified by taking the suggested risk. Use Avalanche risk adjusted performance of 0.1697, and Mean Deviation of 4.07 to evaluate coin specific risk that cannot be diversified away.
Avalanche Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Avalanche |
Sharpe Ratio = 0.215
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
5.35 actual daily | 47 53% of assets are more volatile |
Expected Return
1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Avalanche 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 Avalanche by adding it to a well-diversified portfolio.
Avalanche Valuation on September 11, 2024
It is possible to determine the worth of Avalanche on a given historical date. On September 11, 2024 Avalanche was worth 23.28 at the beginning of the trading date compared to the closed value of 24.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Avalanche crypto coin. Still, in general, we apply an absolute valuation method to find Avalanche'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 Avalanche where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Avalanche's related companies.
Open | High | Low | Close | Volume | |
24.35 | 24.52 | 22.88 | 23.28 | 11,105,671 | |
09/11/2024 | 23.28 | 24.16 | 23.27 | 24.02 | 12,090,754 |
24.02 | 25.11 | 23.67 | 24.93 | 12,443,933 |
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Avalanche Trading Date Momentum on September 11, 2024
On September 12 2024 Avalanche was traded for 24.93 at the closing time. The highest price during the trading period was 25.11 and the lowest recorded bid was listed for 23.67 . The volume for the day was 12.4 M. This history from September 12, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 3.79% . The overall trading delta to the current price is 14.03% . |
About Avalanche Crypto Coin history
Avalanche 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 Avalanche is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Avalanche 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.
Avalanche Crypto Coin Technical Analysis
Avalanche 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
Avalanche Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Avalanche November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Avalanche 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 Avalanche shares will generate the highest return on investment.
Avalanche Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Avalanche's price direction in advance. Along with the technical and fundamental analysis of Avalanche Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Avalanche 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 | 0.1697 | |||
Jensen Alpha | 0.967 | |||
Total Risk Alpha | 0.3052 | |||
Sortino Ratio | 0.2429 | |||
Treynor Ratio | 0.9521 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avalanche. 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 Transaction History module to view history of all your transactions and understand their impact on performance.