Metis Token Price on December 2, 2024
| METIS Crypto | USD 55.14 0.37 0.67% |
If you're considering investing in Metis Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Metis Token stands at 55.14, as last reported on the 12th of December 2024, with the highest price reaching 55.74 and the lowest price hitting 55.06 during the day. Metis Token is exceptionally volatile given 3 months investment horizon. Metis Token has Sharpe Ratio of 0.14, which conveys that digital coin had a 0.14% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Metis Token Mean Deviation of 6.2, risk adjusted performance of 0.1149, and Downside Deviation of 7.37 to evaluate coin specific risk that cannot be diversified away.
Metis Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Metis |
Sharpe Ratio = 0.1381
| Best Portfolio | Best Equity | |||
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| Small Returns | METIS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.57 actual daily | 76 76% of assets are less volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Metis Token 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 Metis Token by adding it to a well-diversified portfolio.
Metis Token Valuation on December 2, 2024
It is possible to determine the worth of Metis Token on a given historical date. On December 2, 2024 Metis was worth 61.99 at the beginning of the trading date compared to the closed value of 66.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metis Token crypto coin. Still, in general, we apply an absolute valuation method to find Metis Token'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 Metis Token where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metis Token's related companies.
| Open | High | Low | Close | Volume | |
| 56.97 | 65.47 | 56.57 | 63.35 | 2,536,060 | |
12/02/2024 | 61.99 | 66.60 | 58.43 | 66.32 | 3,411,212 |
| 66.32 | 69.78 | 64.94 | 66.53 | 2,677,321 |
| Backtest Metis Token | | | Metis Token History | Previous | Next |
Metis Token Trading Date Momentum on December 2, 2024
| On December 03 2024 Metis Token was traded for 66.53 at the closing time. The highest price during the trading period was 69.78 and the lowest recorded bid was listed for 64.94 . The volume for the day was 2.7 M. This history from December 3, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.32% . The trading delta at closing time to the current price is 16.30% . |
About Metis Token Crypto Coin history
Metis Token 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 Metis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metis Token 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.
Metis Token Crypto Coin Technical Analysis
Metis Token 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
Metis Token Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Metis Token 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.
Metis Token December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Metis Token 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 Metis Token shares will generate the highest return on investment.
Metis Token Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metis Token's price direction in advance. Along with the technical and fundamental analysis of Metis Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metis 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 | 0.1149 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1522 | |||
| Treynor Ratio | 0.6664 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metis Token. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.