Echelon Prime Price on October 1, 2024
| PRIME Crypto | USD 14.35 2.76 23.81% |
If you're considering investing in Echelon Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Echelon Prime stands at 14.35, as last reported on the 1st of December, with the highest price reaching 14.55 and the lowest price hitting 11.32 during the day. Echelon Prime is abnormally risky given 3 months investment horizon. Echelon Prime secures Sharpe Ratio (or Efficiency) of 0.16, which denotes digital coin had a 0.16% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use Echelon Prime Coefficient Of Variation of 668.49, downside deviation of 5.32, and Mean Deviation of 6.96 to evaluate coin specific risk that cannot be diversified away.
Echelon Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Echelon |
Sharpe Ratio = 0.1599
| Best Portfolio | Best Equity | |||
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| Average Returns | PRIME | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.48 actual daily | 84 84% of assets are less volatile |
Expected Return
| 1.52 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Echelon Prime is performing at about 12% 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 Echelon Prime by adding it to a well-diversified portfolio.
Echelon Prime Valuation on October 1, 2024
It is possible to determine the worth of Echelon Prime on a given historical date. On October 1, 2024 Echelon was worth 10.6 at the beginning of the trading date compared to the closed value of 10.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Echelon Prime crypto coin. Still, in general, we apply an absolute valuation method to find Echelon Prime'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 Echelon Prime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Echelon Prime's related companies.
| Open | High | Low | Close | Volume | |
| 11.25 | 12.59 | 9.99 | 10.60 | 8,749,861 | |
10/01/2024 | 10.60 | 11.79 | 9.95 | 10.14 | 5,341,152 |
| 10.14 | 10.36 | 9.45 | 10.09 | 3,532,539 |
| Backtest Echelon Prime | | | Echelon Prime History | Previous | Next |
Echelon Prime Trading Date Momentum on October 1, 2024
| On October 02 2024 Echelon Prime was traded for 10.09 at the closing time. The highest price during the trading period was 10.36 and the lowest recorded bid was listed for 9.45 . The volume for the day was 3.5 M. This history from October 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.49% . The overall trading delta to the current price is 19.92% . |
About Echelon Prime Crypto Coin history
Echelon Prime 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 Echelon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Echelon Prime 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.
Echelon Prime Crypto Coin Technical Analysis
Echelon Prime 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
Echelon Prime Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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Echelon Prime December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Echelon Prime 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 Echelon Prime shares will generate the highest return on investment.
Echelon Prime Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Echelon Prime's price direction in advance. Along with the technical and fundamental analysis of Echelon Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Echelon 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 | 0.1235 | |||
| Jensen Alpha | 1.34 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.2419 | |||
| Treynor Ratio | 2.47 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Echelon Prime. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.