DIMO Price on November 29, 2024
| DIMO Crypto | USD 0.23 0.01 4.55% |
If you're considering investing in DIMO Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of DIMO stands at 0.23, as last reported on the 12th of December 2024, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day. DIMO appears to be abnormally risky, given 3 months investment horizon. DIMO secures Sharpe Ratio (or Efficiency) of 0.0909, which denotes digital coin had a 0.0909% return per unit of risk over the last 3 months. By examining DIMO's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize DIMO's Semi Deviation of 5.04, mean deviation of 5.25, and Downside Deviation of 8.88 to check if our risk estimates are consistent with your expectations.
DIMO Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
DIMO |
Sharpe Ratio = 0.0909
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DIMO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.28 actual daily | 82 82% of assets are less volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average DIMO is performing at about 7% 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 DIMO by adding it to a well-diversified portfolio.
DIMO Valuation on November 29, 2024
It is possible to determine the worth of DIMO on a given historical date. On November 29, 2024 DIMO was worth 0.22 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DIMO crypto coin. Still, in general, we apply an absolute valuation method to find DIMO'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 DIMO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DIMO's related companies.
| Open | High | Low | Close | Volume | |
| 0.20 | 0.35 | 0.20 | 0.22 | 30,405,344 | |
11/29/2024 | 0.22 | 0.24 | 0.21 | 0.22 | 6,637,937 |
| 0.22 | 0.22 | 0.21 | 0.22 | 1,448,617 |
| Backtest DIMO | | | DIMO History | Previous | Next |
DIMO Trading Date Momentum on November 29, 2024
| On December 02 2024 DIMO was traded for 0.22 at the closing time. The highest price during the trading period was 0.22 and the lowest recorded bid was listed for 0.21 . The volume for the day was 1.4 M. This history from December 2, 2024 did not affect price variability. The overall trading delta to the current price is 4.55% . |
About DIMO Crypto Coin history
DIMO 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 DIMO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DIMO 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.
DIMO Crypto Coin Technical Analysis
DIMO 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
DIMO Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
DIMO 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.
DIMO December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how DIMO 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 DIMO shares will generate the highest return on investment.
DIMO Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DIMO's price direction in advance. Along with the technical and fundamental analysis of DIMO Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of DIMO 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 | 0.0738 | |||
| Jensen Alpha | 0.892 | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | 0.0781 | |||
| Treynor Ratio | (1.09) |
| Cycle Indicators | ||
| Math Operators | ||
| 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 DIMO. 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.