Jupiter Price on September 26, 2024
JUP Crypto | USD 1.16 0.01 0.87% |
If you're considering investing in Jupiter Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Jupiter stands at 1.16, as last reported on the 30th of November, with the highest price reaching 1.19 and the lowest price hitting 1.14 during the day. Jupiter appears to be extremely risky, given 3 months investment horizon. Jupiter holds Efficiency (Sharpe) Ratio of 0.17, which attests that digital coin had a 0.17% return per unit of risk over the last 3 months. By evaluating Jupiter's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please utilize Jupiter's Risk Adjusted Performance of 0.1236, downside deviation of 4.96, and Market Risk Adjusted Performance of 1.25 to validate if our risk estimates are consistent with your expectations.
Jupiter Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Jupiter |
Sharpe Ratio = 0.1744
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | JUP | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
5.25 actual daily | 46 54% of assets are more volatile |
Expected Return
0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Jupiter is performing at about 13% 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 Jupiter by adding it to a well-diversified portfolio.
Jupiter Valuation on September 26, 2024
It is possible to determine the worth of Jupiter on a given historical date. On September 26, 2024 Jupiter was worth 0.94 at the beginning of the trading date compared to the closed value of 0.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jupiter crypto coin. Still, in general, we apply an absolute valuation method to find Jupiter'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 Jupiter where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jupiter's related companies.
Open | High | Low | Close | Volume | |
0.87 | 0.97 | 0.86 | 0.94 | 94,912 | |
09/26/2024 | 0.94 | 0.97 | 0.92 | 0.94 | 73,218 |
0.94 | 0.96 | 0.90 | 0.92 | 35,579 |
Backtest Jupiter | | | Jupiter History | Previous | Next |
Jupiter Trading Date Momentum on September 26, 2024
On September 27 2024 Jupiter was traded for 0.92 at the closing time. The maximum traded price for the trading interval was 0.96 and the lowest daily price was 0.90 . The daily volume was recorded at 35.6 K. The volume of trading on 27th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.13% . The trading delta at closing time to the closing price today is 18.09% . |
About Jupiter Crypto Coin history
Jupiter 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 Jupiter is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jupiter 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.
Jupiter Crypto Coin Technical Analysis
Jupiter 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
Jupiter Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Jupiter 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.
Jupiter November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Jupiter 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 Jupiter shares will generate the highest return on investment.
Jupiter Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jupiter's price direction in advance. Along with the technical and fundamental analysis of Jupiter Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jupiter 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 | 0.1236 | |||
Jensen Alpha | 0.7026 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | 0.1321 | |||
Treynor Ratio | 1.24 |
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 Jupiter. 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.