Fantom Price on October 28, 2024
| FTM Crypto | USD 1.05 0.03 2.78% |
If you're considering investing in Fantom Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Fantom stands at 1.05, as last reported on the 28th of November, with the highest price reaching 1.05 and the lowest price hitting 1.04 during the day. Fantom is unreasonably risky given 3 months investment horizon. Fantom secures Sharpe Ratio (or Efficiency) of 0.22, which denotes digital coin had a 0.22% return per unit of risk over the last 3 months. We have collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.73% are justified by taking the suggested risk. Use Fantom Downside Deviation of 4.8, mean deviation of 5.92, and Coefficient Of Variation of 467.59 to evaluate coin specific risk that cannot be diversified away.
Fantom Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Fantom |
Sharpe Ratio = 0.2175
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.96 actual daily | 70 70% of assets are less volatile |
Expected Return
| 1.73 actual daily | 34 66% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Fantom is performing at about 17% 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 Fantom by adding it to a well-diversified portfolio.
Fantom Valuation on October 28, 2024
It is possible to determine the worth of Fantom on a given historical date. On October 28, 2024 Fantom was worth 0.69 at the beginning of the trading date compared to the closed value of 0.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fantom crypto coin. Still, in general, we apply an absolute valuation method to find Fantom'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 Fantom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fantom's related companies.
| Open | High | Low | Close | Volume | |
| 0.62 | 0.65 | 0.61 | 0.64 | 1,906,828 | |
10/28/2024 | 0.69 | 0.73 | 0.69 | 0.72 | 1,275,081 |
| 0.72 | 0.72 | 0.69 | 0.69 | 965,836 |
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Fantom Trading Date Momentum on October 28, 2024
| On October 29 2024 Fantom was traded for 0.69 at the closing time. The maximum traded price for the trading interval was 0.72 and the lowest daily price was 0.69 . The daily volume was recorded at 965.8 K. The volume of trading on 29th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.17% . The overall trading delta to the closing price today is 0.00% . |
About Fantom Crypto Coin history
Fantom 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 Fantom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fantom 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.
Fantom Crypto Coin Technical Analysis
Fantom 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
Fantom Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Fantom 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.
Fantom November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fantom 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 Fantom shares will generate the highest return on investment.
Fantom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fantom's price direction in advance. Along with the technical and fundamental analysis of Fantom Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fantom 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 | 0.1729 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 0.4869 | |||
| Sortino Ratio | 0.3239 | |||
| Treynor Ratio | 0.6104 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fantom. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.