Decred Price on June 1, 2023
| DCR Crypto | USD 19.66 0.04 0.20% |
If you're considering investing in Decred Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Decred stands at 19.66, as last reported on the 11th of December 2024, with the highest price reaching 19.66 and the lowest price hitting 19.60 during the day. Decred appears to be very risky, given 3 months investment horizon. Decred secures Sharpe Ratio (or Efficiency) of 0.18, which denotes digital coin had a 0.18% return per unit of standard deviation over the last 3 months. By reviewing Decred's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Decred's Downside Deviation of 3.89, mean deviation of 2.99, and Semi Deviation of 3.05 to check if our risk estimates are consistent with your expectations.
Decred Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Decred |
Sharpe Ratio = 0.1811
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.66 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Decred is performing at about 14% 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 Decred by adding it to a well-diversified portfolio.
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Decred Valuation on June 1, 2023
It is possible to determine the worth of Decred on a given historical date. On June 1, 2023 Decred was worth 15.51 at the beginning of the trading date compared to the closed value of 15.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Decred crypto coin. Still, in general, we apply an absolute valuation method to find Decred'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 Decred where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Decred's related companies.
| Open | High | Low | Close | Volume | |
| 15.81 | 15.92 | 15.29 | 15.51 | 103,490 | |
06/01/2023 | 15.51 | 16.20 | 15.47 | 15.57 | 50,761 |
| 15.57 | 15.97 | 15.28 | 15.48 | 43,142 |
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Decred Trading Date Momentum on June 1, 2023
| On June 02 2023 Decred was traded for 15.48 at the closing time. The maximum traded price for the trading interval was 15.97 and the lowest daily price was 15.28 . The daily volume was recorded at 43.1 K. The volume of trading on 2nd of June 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.58% . The overall trading delta to the closing price today is 20.30% . |
About Decred Crypto Coin history
Decred 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 Decred is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Decred 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.
Decred Crypto Coin Technical Analysis
Decred 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
Decred Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Decred 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.
Decred December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Decred 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 Decred shares will generate the highest return on investment.
Decred Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Decred's price direction in advance. Along with the technical and fundamental analysis of Decred Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Decred 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 | 0.143 | |||
| Jensen Alpha | 0.7547 | |||
| Total Risk Alpha | 0.1183 | |||
| Sortino Ratio | 0.1881 | |||
| Treynor Ratio | 1.06 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Decred. 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.