SNET Price on September 4, 2024
| SNET Crypto | USD 0.0007 0.000074 9.23% |
If you're considering investing in SNET Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SNET stands at 0.0007, as last reported on the 11th of December 2024, with the highest price reaching 0.0007 and the lowest price hitting 0.0007 during the day. SNET owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0398, which indicates digital coin had a -0.0398% return per unit of volatility over the last 3 months. SNET exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SNET's risk adjusted performance of (0.03), and Variance of 87.56 to confirm the risk estimate we provide.
SNET Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
SNET |
Sharpe Ratio = -0.0398
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| Negative Returns | SNET |
Estimated Market Risk
| 9.4 actual daily | 83 83% of assets are less volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SNET is not performing at its full potential. However, 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 SNET by adding SNET to a well-diversified portfolio.
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SNET Valuation on September 4, 2024
It is possible to determine the worth of SNET on a given historical date. On September 4, 2024 SNET was worth 0.001218 at the beginning of the trading date compared to the closed value of 0.001218. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SNET crypto coin. Still, in general, we apply an absolute valuation method to find SNET'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 SNET where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SNET's related companies.
| Open | High | Low | Close | Volume | |
| 0 | 0 | 0 | 0 | 3,017 | |
09/04/2024 | 0 | 0 | 0 | 0 | 9,290 |
| 0 | 0 | 0 | 0 | 13,120 |
| Backtest SNET | | | SNET History | Previous | Next |
SNET Trading Date Momentum on September 4, 2024
| On September 05 2024 SNET was traded for 0 at the closing time. The highest price during the trading period was 0 and the lowest recorded bid was listed for 0 . The volume for the day was 13.1 K. This history from September 5, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 8.62% . The trading price change to the current price is 11.00% . |
About SNET Crypto Coin history
SNET 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 SNET is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SNET 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.
SNET Crypto Coin Technical Analysis
SNET 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
SNET Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SNET 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.
SNET December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SNET 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 SNET shares will generate the highest return on investment.
SNET Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SNET's price direction in advance. Along with the technical and fundamental analysis of SNET Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SNET 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 | (0.03) | |||
| Jensen Alpha | (0.95) | |||
| Total Risk Alpha | (1.97) | |||
| Treynor Ratio | (0.12) |
| Cycle Indicators | ||
| Math Operators | ||
| 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 SNET. 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 Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.