Parcl Price on October 2, 2024
| PRCL Crypto | USD 0.40 0.04 9.09% |
If you're considering investing in Parcl Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Parcl stands at 0.40, as last reported on the 3rd of December, with the highest price reaching 0.41 and the lowest price hitting 0.39 during the day. Parcl is abnormally risky given 3 months investment horizon. Parcl maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies digital coin had a 0.2% 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 2.4% are justified by taking the suggested risk. Use Parcl Risk Adjusted Performance of 0.1677, semi deviation of 7.49, and Coefficient Of Variation of 482.46 to evaluate coin specific risk that cannot be diversified away.
Parcl Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Parcl |
Sharpe Ratio = 0.1986
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.09 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.4 actual daily | 47 53% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Parcl 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 Parcl by adding it to a well-diversified portfolio.
Parcl Valuation on October 2, 2024
It is possible to determine the worth of Parcl on a given historical date. On October 2, 2024 Parcl was worth 0.23 at the beginning of the trading date compared to the closed value of 0.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parcl crypto coin. Still, in general, we apply an absolute valuation method to find Parcl'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 Parcl where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parcl's related companies.
| Open | High | Low | Close | Volume | |
| 0.24 | 0.25 | 0.22 | 0.23 | 2,125 | |
10/02/2024 | 0.23 | 0.24 | 0.21 | 0.21 | 2,337 |
| 0.21 | 0.25 | 0.21 | 0.24 | 27,460 |
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Parcl Trading Date Momentum on October 2, 2024
| On October 03 2024 Parcl was traded for 0.24 at the closing time. The highest price during the trading period was 0.25 and the lowest recorded bid was listed for 0.21 . The volume for the day was 27.5 K. This history from October 3, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 14.29% . The trading delta at closing time to the current price is 9.52% . |
About Parcl Crypto Coin history
Parcl 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 Parcl is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parcl 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.
Parcl Crypto Coin Technical Analysis
Parcl 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
Parcl Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Parcl 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.
Parcl December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Parcl 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 Parcl shares will generate the highest return on investment.
Parcl Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parcl's price direction in advance. Along with the technical and fundamental analysis of Parcl Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parcl 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 | 0.1677 | |||
| Jensen Alpha | 2.36 | |||
| Total Risk Alpha | 0.6836 | |||
| Sortino Ratio | 0.2629 | |||
| Treynor Ratio | 2.28 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parcl. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.