Illuvium Price on December 2, 2024
| ILV Crypto | USD 65.33 0.11 0.17% |
If you're considering investing in Illuvium Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Illuvium stands at 65.33, as last reported on the 4th of December, with the highest price reaching 65.86 and the lowest price hitting 64.79 during the day. Illuvium is extremely risky given 3 months investment horizon. Illuvium holds Efficiency (Sharpe) Ratio of 0.21, which attests that digital coin had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Illuvium Risk Adjusted Performance of 0.1484, market risk adjusted performance of 6.67, and Downside Deviation of 5.23 to evaluate coin specific risk that cannot be diversified away.
Illuvium Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Illuvium |
Sharpe Ratio = 0.2102
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ILV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.41 actual daily | 48 52% of assets are more volatile |
Expected Return
| 1.14 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Illuvium is performing at about 16% 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 Illuvium by adding it to a well-diversified portfolio.
Illuvium Valuation on December 2, 2024
It is possible to determine the worth of Illuvium on a given historical date. On December 2, 2024 Illuvium was worth 61.77 at the beginning of the trading date compared to the closed value of 65.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Illuvium crypto coin. Still, in general, we apply an absolute valuation method to find Illuvium'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 Illuvium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Illuvium's related companies.
| Open | High | Low | Close | Volume | |
| 58.81 | 61.87 | 57.55 | 60.96 | 1,074,167 | |
12/02/2024 | 61.77 | 68.22 | 57.10 | 65.44 | 1,595,903 |
| 65.44 | 65.86 | 64.79 | 65.33 | 207,025 |
| Backtest Illuvium | | | Illuvium History | Previous | Next |
Illuvium Trading Date Momentum on December 2, 2024
| On December 03 2024 Illuvium was traded for 65.33 at the closing time. The maximum traded price for the trading interval was 65.86 and the lowest daily price was 64.79 . The daily volume was recorded at 207 K. The volume of trading on 3rd 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 0.17% . The trading delta at closing time to the closing price today is 0.00% . |
About Illuvium Crypto Coin history
Illuvium 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 Illuvium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Illuvium 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.
Illuvium Crypto Coin Technical Analysis
Illuvium 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
Illuvium Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Illuvium 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.
Illuvium December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Illuvium 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 Illuvium shares will generate the highest return on investment.
Illuvium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Illuvium's price direction in advance. Along with the technical and fundamental analysis of Illuvium Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Illuvium 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 | 0.1484 | |||
| Jensen Alpha | 0.9719 | |||
| Total Risk Alpha | 0.25 | |||
| Sortino Ratio | 0.1691 | |||
| Treynor Ratio | 6.66 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illuvium. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.