Celo Price on July 21, 2023
| CELO Crypto | USD 0.92 0.06 6.98% |
If you're considering investing in Celo Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Celo stands at 0.92, as last reported on the 1st of December, with the highest price reaching 0.94 and the lowest price hitting 0.85 during the day. Celo is unusually risky given 3 months investment horizon. Celo secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that digital coin had a 0.24% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use Celo Mean Deviation of 4.32, risk adjusted performance of 0.1752, and Downside Deviation of 5.16 to evaluate coin specific risk that cannot be diversified away.
Celo Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Celo |
Sharpe Ratio = 0.2391
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.63 actual daily | 50 50% of assets are less volatile |
Expected Return
| 1.35 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Celo is performing at about 18% 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 Celo by adding it to a well-diversified portfolio.
Celo Valuation on July 21, 2023
It is possible to determine the worth of Celo on a given historical date. On July 21, 2023 Celo was worth 0.5 at the beginning of the trading date compared to the closed value of 0.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Celo crypto coin. Still, in general, we apply an absolute valuation method to find Celo'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 Celo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Celo's related companies.
| Open | High | Low | Close | Volume | |
| 0.51 | 0.51 | 0.49 | 0.50 | 181,592 | |
07/21/2023 | 0.50 | 0.50 | 0.49 | 0.49 | 71,601 |
| 0.87 | 0.89 | 0.86 | 0.89 | 32,903 |
| Backtest Celo | | | Celo History | Previous | Next |
Celo Trading Date Momentum on July 21, 2023
| On May 25 2024 Celo was traded for 0.89 at the closing time. The highest price during the trading period was 0.89 and the lowest recorded bid was listed for 0.86 . The volume for the day was 32.9 K. This history from May 25, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 81.63% . The overall trading delta to the current price is 77.55% . |
About Celo Crypto Coin history
Celo 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 Celo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Celo 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.
Celo Crypto Coin Technical Analysis
Celo 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
Celo Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Celo 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.
Celo December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Celo 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 Celo shares will generate the highest return on investment.
Celo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Celo's price direction in advance. Along with the technical and fundamental analysis of Celo Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Celo 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 | 0.1752 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | 0.2813 | |||
| Sortino Ratio | 0.2145 | |||
| Treynor Ratio | 3.58 |
| Cycle Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celo. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.