SafePal Price on December 2, 2024
| SFP Crypto | USD 0.83 0.02 2.35% |
If you're considering investing in SafePal Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SafePal stands at 0.83, as last reported on the 4th of December, with the highest price reaching 0.85 and the lowest price hitting 0.83 during the day. SafePal appears to be very volatile, given 3 months investment horizon. SafePal owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0549, which indicates digital coin had a 0.0549% return per unit of risk over the last 3 months. We have found thirty technical indicators for SafePal, which you can use to evaluate the volatility of coin. Please review SafePal's Coefficient Of Variation of 2299.69, semi deviation of 3.14, and Risk Adjusted Performance of 0.0411 to confirm if our risk estimates are consistent with your expectations.
SafePal Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
SafePal |
Sharpe Ratio = 0.0549
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average SafePal is performing at about 4% 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 SafePal by adding it to a well-diversified portfolio.
SafePal Valuation on December 2, 2024
It is possible to determine the worth of SafePal on a given historical date. On December 2, 2024 SafePal was worth 0.81 at the beginning of the trading date compared to the closed value of 0.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SafePal crypto coin. Still, in general, we apply an absolute valuation method to find SafePal'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 SafePal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SafePal's related companies.
| Open | High | Low | Close | Volume | |
| 0.76 | 0.79 | 0.74 | 0.76 | 23,183 | |
12/02/2024 | 0.81 | 0.85 | 0.76 | 0.85 | 27,610 |
| 0.85 | 0.85 | 0.83 | 0.83 | 734.89 |
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SafePal Trading Date Momentum on December 2, 2024
| On December 03 2024 SafePal was traded for 0.83 at the closing time. The maximum traded price for the trading interval was 0.85 and the lowest daily price was 0.83 . The daily volume was recorded at 735. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 2.35% . The trading price change to the closing price today is 0.58% . |
About SafePal Crypto Coin history
SafePal 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 SafePal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SafePal 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.
SafePal Crypto Coin Technical Analysis
SafePal 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
SafePal Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
SafePal 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.
SafePal December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how SafePal 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 SafePal shares will generate the highest return on investment.
SafePal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SafePal's price direction in advance. Along with the technical and fundamental analysis of SafePal Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SafePal 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 | 0.0411 | |||
| Jensen Alpha | 0.1439 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0107 | |||
| Treynor Ratio | 1.85 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SafePal. 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 Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.