Band Protocol Price on November 15, 2024
| BAND Crypto | USD 1.66 0.08 5.06% |
If you're considering investing in Band Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Band Protocol stands at 1.66, as last reported on the 28th of November, with the highest price reaching 1.66 and the lowest price hitting 1.64 during the day. Band Protocol appears to be extremely risky, given 3 months investment horizon. Band Protocol secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that digital coin had a 0.16% return per unit of risk over the last 3 months. By analyzing Band Protocol's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please makes use of Band Protocol's Mean Deviation of 3.62, downside deviation of 5.34, and Risk Adjusted Performance of 0.1273 to double-check if our risk estimates are consistent with your expectations.
Band Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Band |
Sharpe Ratio = 0.1625
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.03 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Band Protocol is performing at about 12% 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 Band Protocol by adding it to a well-diversified portfolio.
Band Protocol Valuation on November 15, 2024
It is possible to determine the worth of Band Protocol on a given historical date. On November 15, 2024 Band was worth 1.25 at the beginning of the trading date compared to the closed value of 1.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Band Protocol crypto coin. Still, in general, we apply an absolute valuation method to find Band Protocol'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 Band Protocol where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Band Protocol's related companies.
| Open | High | Low | Close | Volume | |
| 1.19 | 1.26 | 1.16 | 1.25 | 20,910 | |
11/15/2024 | 1.25 | 1.37 | 1.24 | 1.36 | 49,343 |
| 1.37 | 1.38 | 1.29 | 1.31 | 36,544 |
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Band Protocol Trading Date Momentum on November 15, 2024
| On November 18 2024 Band Protocol was traded for 1.31 at the closing time. The highest price during the trading period was 1.38 and the lowest recorded bid was listed for 1.29 . The volume for the day was 36.5 K. This history from November 18, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.68% . The overall trading delta to the current price is 11.03% . |
About Band Protocol Crypto Coin history
Band Protocol 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 Band is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Band Protocol 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.
Band Protocol Crypto Coin Technical Analysis
Band Protocol 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
Band Protocol Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Band Protocol 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.
Band Protocol November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Band Protocol 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 Band Protocol shares will generate the highest return on investment.
Band Protocol Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Band Protocol's price direction in advance. Along with the technical and fundamental analysis of Band Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Band 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 | 0.1273 | |||
| Jensen Alpha | 0.5725 | |||
| Total Risk Alpha | 0.0129 | |||
| Sortino Ratio | 0.1221 | |||
| Treynor Ratio | 0.4536 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Band Protocol. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.