SOUL Price on May 19, 2023

SOUL Crypto  USD 0.18  0.03  20.00%   
If you're considering investing in SOUL Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SOUL stands at 0.18, as last reported on the 30th of November, with the highest price reaching 0.18 and the lowest price hitting 0.15 during the day. SOUL is abnormally risky given 3 months investment horizon. SOUL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates digital coin had a 0.16% return per unit of standard deviation over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.95% are justified by taking the suggested risk. Use SOUL risk adjusted performance of 0.1224, and Coefficient Of Variation of 677.51 to evaluate coin specific risk that cannot be diversified away.
  
SOUL Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1594

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Estimated Market Risk

 18.49
  actual daily
96
96% of assets are less volatile

Expected Return

 2.95
  actual daily
58
58% of assets have lower returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average SOUL 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 SOUL by adding it to a well-diversified portfolio.

SOUL Main Headline on 19th of May 2023

NFTs belonging to bankrupt crypto firm fetch nearly 2.5 million at auction Reuters

SOUL Valuation on May 19, 2023

It is possible to determine the worth of SOUL on a given historical date. On May 19, 2023 SOUL was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOUL crypto coin. Still, in general, we apply an absolute valuation method to find SOUL'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 SOUL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOUL's related companies.
 Open High Low Close Volume
  0.13    0.15    0.13    0.14    32,841  
05/19/2023
  0.14    0.14    0.13    0.14    24,982  
  0.14    0.14    0.13    0.14    15,322  
Backtest SOUL  |  SOUL History  PreviousNext  
Open Value
0.14
0.14
Closing Value
55.60
Upside

SOUL Trading Date Momentum on May 19, 2023

On May 22 2023 SOUL was traded for  0.14  at the closing time. The highest price during the trading period was 0.14  and the lowest recorded bid was listed for  0.13 . The volume for the day was 15.3 K. This history from May 22, 2023 did not result in any price rise and fall. The trading price change to the current price is 14.29% .

About SOUL Crypto Coin history

SOUL 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 SOUL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SOUL 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.

SOUL Crypto Coin Technical Analysis

SOUL 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.
A focus of SOUL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SOUL trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SOUL Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SOUL 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.

SOUL November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how SOUL 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 SOUL shares will generate the highest return on investment.

SOUL Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SOUL's price direction in advance. Along with the technical and fundamental analysis of SOUL Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOUL 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.
When determining whether SOUL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SOUL's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Soul Crypto.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOUL. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Please note, there is a significant difference between SOUL's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine SOUL value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, SOUL's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.