Chainflip Price on October 8, 2024
| FLIP Crypto | USD 1.86 0.31 14.29% |
If you're considering investing in Chainflip Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Chainflip stands at 1.86, as last reported on the 13th of December 2024, with the highest price reaching 1.86 and the lowest price hitting 1.85 during the day. Chainflip is abnormally risky given 3 months investment horizon. Chainflip secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that digital coin had a 0.16% 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 1.88% are justified by taking the suggested risk. Use Chainflip mean deviation of 9.08, and Risk Adjusted Performance of 0.1162 to evaluate coin specific risk that cannot be diversified away.
Chainflip Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Chainflip |
Sharpe Ratio = 0.1554
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | FLIP | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.12 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.88 actual daily | 37 63% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Chainflip 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 Chainflip by adding it to a well-diversified portfolio.
Chainflip Valuation on October 8, 2024
It is possible to determine the worth of Chainflip on a given historical date. On October 8, 2024 Chainflip was worth 0.98 at the beginning of the trading date compared to the closed value of 0.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chainflip crypto coin. Still, in general, we apply an absolute valuation method to find Chainflip'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 Chainflip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chainflip's related companies.
| Open | High | Low | Close | Volume | |
| 1.14 | 1.20 | 0.93 | 0.94 | 2,341 | |
10/08/2024 | 0.98 | 1.01 | 0.95 | 0.97 | 258.58 |
| 0.97 | 1.00 | 0.82 | 0.90 | 2,662 |
| Backtest Chainflip | | | Chainflip History | Previous | Next |
Chainflip Trading Date Momentum on October 8, 2024
| On October 09 2024 Chainflip was traded for 0.90 at the closing time. The highest price during the trading period was 1.00 and the lowest recorded bid was listed for 0.82 . The volume for the day was 2.7 K. This history from October 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 7.22% . The overall trading delta to the current price is 16.49% . |
About Chainflip Crypto Coin history
Chainflip 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 Chainflip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chainflip 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.
Chainflip Crypto Coin Technical Analysis
Chainflip 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
Chainflip Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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Chainflip December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Chainflip 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 Chainflip shares will generate the highest return on investment.
Chainflip Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chainflip's price direction in advance. Along with the technical and fundamental analysis of Chainflip Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chainflip 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 | 0.1162 | |||
| Jensen Alpha | 1.58 | |||
| Total Risk Alpha | 0.0725 | |||
| Sortino Ratio | 0.1788 | |||
| Treynor Ratio | 1.01 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chainflip. 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 Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .