Manta Network Price on November 22, 2024

MANTA Crypto  USD 1.19  0.01  0.83%   
If you're considering investing in Manta Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Manta Network stands at 1.19, as last reported on the 1st of December, with the highest price reaching 1.20 and the lowest price hitting 1.17 during the day. Manta Network is unusually volatile given 3 months investment horizon. Manta Network has Sharpe Ratio of 0.19, which conveys that digital coin had a 0.19% return per unit of risk 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 1.21% are justified by taking the suggested risk. Use Manta Network Risk Adjusted Performance of 0.1443, mean deviation of 4.98, and Downside Deviation of 6.53 to evaluate coin specific risk that cannot be diversified away.
  
Manta Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1941

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Estimated Market Risk

 6.23
  actual daily
55
55% of assets are less volatile

Expected Return

 1.21
  actual daily
24
76% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Manta Network is performing at about 15% 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 Manta Network by adding it to a well-diversified portfolio.

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Manta Network Valuation on November 22, 2024

It is possible to determine the worth of Manta Network on a given historical date. On November 22, 2024 Manta was worth 0.89 at the beginning of the trading date compared to the closed value of 1.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manta Network crypto coin. Still, in general, we apply an absolute valuation method to find Manta Network'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 Manta Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manta Network's related companies.
 Open High Low Close Volume
  0.84    0.90    0.83    0.89    82,888  
11/22/2024
  0.89    1.10    0.88    1.03    1,381  
  1.06    1.10    0.95    1.00    25,619  
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Open Value
0.89
1.03
Closing Value
19.59
Upside

Manta Network Trading Date Momentum on November 22, 2024

On November 25 2024 Manta Network was traded for  1.00  at the closing time. The highest price during the trading period was 1.10  and the lowest recorded bid was listed for  0.95 . The volume for the day was 25.6 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.91% . The trading delta at closing time to the current price is 16.02% .

About Manta Network Crypto Coin history

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

Manta Network Crypto Coin Technical Analysis

Manta Network 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 Manta Network technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Manta Network 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

Manta Network Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Manta Network 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.

Manta Network December 1, 2024 Market Strength

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

Manta Network Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Manta Network's price direction in advance. Along with the technical and fundamental analysis of Manta Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manta 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 Manta Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manta Network'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 Manta Network Crypto.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manta Network. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between Manta Network's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Manta Network 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, Manta Network's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.