Internet Computer Price on December 10, 2024

ICP Crypto  USD 13.13  0.03  0.23%   
If you're considering investing in Internet Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Internet Computer stands at 13.13, as last reported on the 12th of December 2024, with the highest price reaching 13.30 and the lowest price hitting 13.07 during the day. Internet Computer appears to be unusually volatile, given 3 months investment horizon. Internet Computer holds Efficiency (Sharpe) Ratio of 0.13, which attests that digital coin had a 0.13% return per unit of risk over the last 3 months. By evaluating Internet Computer's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please utilize Internet Computer's Market Risk Adjusted Performance of 0.7856, risk adjusted performance of 0.1077, and Downside Deviation of 5.59 to validate if our risk estimates are consistent with your expectations.
  
Internet Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1349

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Estimated Market Risk

 6.27
  actual daily
55
55% of assets are less volatile

Expected Return

 0.85
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Internet Computer is performing at about 10% 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 Internet Computer by adding it to a well-diversified portfolio.

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Internet Computer Valuation on December 10, 2024

It is possible to determine the worth of Internet Computer on a given historical date. On December 10, 2024 Internet was worth 11.79 at the beginning of the trading date compared to the closed value of 13.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Internet Computer crypto coin. Still, in general, we apply an absolute valuation method to find Internet Computer'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 Internet Computer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Internet Computer's related companies.
 Open High Low Close Volume
  11.96    12.42    10.82    11.79    32,708,354  
12/10/2024
  11.79    13.24    11.37    13.16    20,018,324  
  13.16    13.30    13.07    13.13    439,734  
Backtest Internet Computer  |  Internet Computer History  PreviousNext  
Open Value
11.79
13.16
Closing Value
30.61
Upside

Internet Computer Trading Date Momentum on December 10, 2024

On December 11 2024 Internet Computer was traded for  13.13  at the closing time. The maximum traded price for the trading interval was 13.30  and the lowest daily price was  13.07 . The daily volume was recorded at 439.7 K. The volume of trading on 11th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.23% . The trading delta at closing time to the closing price today is 0.00% .

About Internet Computer Crypto Coin history

Internet Computer 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 Internet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Internet Computer 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.

Internet Computer Crypto Coin Technical Analysis

Internet Computer 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.
A focus of Internet Computer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Internet Computer trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Internet Computer Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Internet Computer 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.

Internet Computer December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Internet Computer 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 Internet Computer shares will generate the highest return on investment.

Internet Computer Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Internet Computer's price direction in advance. Along with the technical and fundamental analysis of Internet Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Internet 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.
When determining whether Internet Computer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Internet Computer's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Internet Computer Crypto.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Internet Computer. 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Please note, there is a significant difference between Internet Computer's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Internet Computer value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Internet Computer's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.