Saga Price on May 30, 2024
| SAGA Crypto | USD 2.47 0.22 9.78% |
If you're considering investing in Saga Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Saga stands at 2.47, as last reported on the 1st of December, with the highest price reaching 2.53 and the lowest price hitting 2.23 during the day. Saga is unreasonably risky given 3 months investment horizon. Saga owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates digital coin had a 0.19% 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 1.39% are justified by taking the suggested risk. Use Saga Coefficient Of Variation of 578.93, risk adjusted performance of 0.141, and Semi Deviation of 5.35 to evaluate coin specific risk that cannot be diversified away.
Saga Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Saga |
Sharpe Ratio = 0.1871
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Estimated Market Risk
| 7.41 actual daily | 65 65% of assets are less volatile |
Expected Return
| 1.39 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Saga is performing at about 14% 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 Saga by adding it to a well-diversified portfolio.
Saga Main Headline on 30th of May 2024
Elon Musk, Donald Trump Discuss Bitcoin , Crypto Policy Ahea... by news.google.com
Elon Musk, Donald Trump Discuss Bitcoin , Crypto Policy Ahead of Election BloombergElon Musk rebuts reports he discussed crypto with Trump The BlockRobert F. Kennedy Jr. on Trumps Guilty Verdict and Pro-Crypto Stance CoinDesk
Saga Valuation on May 30, 2024
It is possible to determine the worth of Saga on a given historical date. On May 30, 2024 Saga was worth 2.54 at the beginning of the trading date compared to the closed value of 2.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saga crypto coin. Still, in general, we apply an absolute valuation method to find Saga'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 Saga where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saga's related companies.
| Open | High | Low | Close | Volume | |
| 2.65 | 2.83 | 2.52 | 2.54 | 1,095,827 | |
05/30/2024 | 2.54 | 2.70 | 2.46 | 2.60 | 653,932 |
| 2.60 | 2.83 | 2.58 | 2.75 | 669,518 |
| Backtest Saga | | | Saga History | Previous | Next |
Saga Trading Date Momentum on May 30, 2024
| On May 31 2024 Saga was traded for 2.75 at the closing time. The highest price during the trading period was 2.83 and the lowest recorded bid was listed for 2.58 . The volume for the day was 669.5 K. This history from May 31, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 5.77% . The trading price change to the current price is 18.85% . |
About Saga Crypto Coin history
Saga 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 Saga is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saga 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.
Saga Crypto Coin Technical Analysis
Saga 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
Saga Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Saga 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.
Saga December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Saga 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 Saga shares will generate the highest return on investment.
Saga Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Saga's price direction in advance. Along with the technical and fundamental analysis of Saga Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saga 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 | 0.141 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.0334 | |||
| Sortino Ratio | 0.1924 | |||
| Treynor Ratio | 0.6906 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saga. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.