SHR Price on July 16, 2024
| SHR Crypto | USD 0 0.0001 2.64% |
If you're considering investing in SHR Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SHR stands at 0, as last reported on the 2nd of December, with the highest price reaching 0 and the lowest price hitting 0 during the day. SHR is abnormally risky given 3 months investment horizon. SHR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates digital coin had a 0.19% return per unit of standard deviation over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.84% are justified by taking the suggested risk. Use SHR risk adjusted performance of 0.1606, and Coefficient Of Variation of 504.9 to evaluate coin specific risk that cannot be diversified away.
SHR Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
SHR |
Sharpe Ratio = 0.1913
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Estimated Market Risk
| 9.62 actual daily | 85 85% of assets are less volatile |
Expected Return
| 1.84 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average SHR 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 SHR by adding it to a well-diversified portfolio.
SHR Main Headline on 16th of July 2024
Ripple backs Deaton with 1M donation in senate race against ... by news.google.com
Ripple backs Deaton with 1M donation in senate race against Warren Cointelegraph
SHR Valuation on July 16, 2024
It is possible to determine the worth of SHR on a given historical date. On July 16, 2024 SHR was worth 0.001758 at the beginning of the trading date compared to the closed value of 0.001728. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SHR crypto coin. Still, in general, we apply an absolute valuation method to find SHR'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 SHR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SHR's related companies.
| Open | High | Low | Close | Volume | |
| 0 | 0 | 0 | 0 | 3,932,858 | |
07/16/2024 | 0 | 0 | 0 | 0 | 4,397,417 |
| 0 | 0 | 0 | 0 | 5,200,002 |
| Backtest SHR | | | SHR History | Previous | Next |
SHR Trading Date Momentum on July 16, 2024
| On July 17 2024 SHR was traded for 0 at the closing time. The maximum traded price for the trading interval was 0 and the lowest daily price was 0 . The daily volume was recorded at 5.2 M. The volume of trading on 17th of July 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 5.09% . The trading price change to the closing price today is 4.22% . |
About SHR Crypto Coin history
SHR 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 SHR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SHR 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.
SHR Crypto Coin Technical Analysis
SHR 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
SHR Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
SHR 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.
SHR December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how SHR 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 SHR shares will generate the highest return on investment.
SHR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SHR's price direction in advance. Along with the technical and fundamental analysis of SHR Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SHR 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 | 0.1606 | |||
| Jensen Alpha | 1.6 | |||
| Total Risk Alpha | 0.2872 | |||
| Sortino Ratio | 0.2087 | |||
| Treynor Ratio | 0.8426 |
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| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SHR. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.