TCT Price on November 29, 2024
TCT Crypto | USD 0.0004 0.000096 27.27% |
If you're considering investing in TCT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of TCT stands at 0.0004, as last reported on the 12th of December 2024, with the highest price reaching 0.0004 and the lowest price hitting 0.0004 during the day. TCT appears to be abnormally risky, given 3 months investment horizon. TCT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates digital coin had a 0.1% return per unit of standard deviation over the last 3 months. By examining TCT's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please review TCT's Downside Deviation of 7.65, market risk adjusted performance of 0.3161, and Risk Adjusted Performance of 0.0859 to confirm if our risk estimates are consistent with your expectations.
TCT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
TCT |
Sharpe Ratio = 0.1047
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
9.29 actual daily | 82 82% of assets are less volatile |
Expected Return
0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average TCT is performing at about 8% 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 TCT by adding it to a well-diversified portfolio.
TCT Valuation on November 29, 2024
It is possible to determine the worth of TCT on a given historical date. On November 29, 2024 TCT was worth 4.1E-4 at the beginning of the trading date compared to the closed value of 3.72E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TCT crypto coin. Still, in general, we apply an absolute valuation method to find TCT'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 TCT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TCT's related companies.
Open | High | Low | Close | Volume | |
0.0004 | 0.0004 | 0.0004 | 0.0004 | 143,938 | |
11/29/2024 | 0.0004 | 0.0004 | 0.0004 | 0.0004 | 580,135 |
0.0003 | 0.0004 | 0.0003 | 0.0004 | 94,622 |
Backtest TCT | | | TCT History | Previous | Next |
TCT Trading Date Momentum on November 29, 2024
On December 02 2024 TCT was traded for 0.0004 at the closing time. The maximum traded price for the trading interval was 0.0004 and the lowest daily price was 0.0003 . The daily volume was recorded at 94.6 K. The volume of trading on 2nd of December 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 2.69% . The trading price change to the closing price today is 5.38% . |
About TCT Crypto Coin history
TCT 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 TCT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TCT 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.
TCT Crypto Coin Technical Analysis
TCT 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
TCT Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
TCT 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.
TCT December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how TCT 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 TCT shares will generate the highest return on investment.
TCT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TCT's price direction in advance. Along with the technical and fundamental analysis of TCT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of TCT 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 | 0.0859 | |||
Jensen Alpha | 0.6421 | |||
Total Risk Alpha | (0.33) | |||
Sortino Ratio | 0.1125 | |||
Treynor Ratio | 0.3061 |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TCT. 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.