TRON Price on August 21, 2024
| TRX Crypto | USD 0.20 0.01 5.26% |
If you're considering investing in TRON Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of TRON stands at 0.20, as last reported on the 30th of November, with the highest price reaching 0.21 and the lowest price hitting 0.20 during the day. TRON appears to be very volatile, given 3 months investment horizon. TRON owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates digital coin had a 0.14% return per unit of standard deviation over the last 3 months. By evaluating TRON's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please review TRON's coefficient of variation of 935.68, and Risk Adjusted Performance of 0.0897 to confirm if our risk estimates are consistent with your expectations.
TRON Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
TRON |
Sharpe Ratio = 0.1359
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average TRON is performing at about 10% 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 TRON by adding it to a well-diversified portfolio.
TRON Valuation on August 21, 2024
It is possible to determine the worth of TRON on a given historical date. On August 21, 2024 TRON was worth 0.15 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRON crypto coin. Still, in general, we apply an absolute valuation method to find TRON'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 TRON where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRON's related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.17 | 0.15 | 0.15 | 280,428,495 | |
08/21/2024 | 0.15 | 0.16 | 0.15 | 0.16 | 233,582,321 |
| 0.16 | 0.16 | 0.15 | 0.16 | 113,600,632 |
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TRON Trading Date Momentum on August 21, 2024
| On August 22 2024 TRON was traded for 0.16 at the closing time. The maximum traded price for the trading interval was 0.16 and the lowest daily price was 0.15 . The daily volume was recorded at 113.6 M. The volume of trading on 22nd of August 2024 did not result in any price rise and fall. The trading price change to the closing price today is 6.25% . |
About TRON Crypto Coin history
TRON 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 TRON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TRON 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.
TRON Crypto Coin Technical Analysis
TRON 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
TRON Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
TRON 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.
TRON November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how TRON 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 TRON shares will generate the highest return on investment.
TRON Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TRON's price direction in advance. Along with the technical and fundamental analysis of TRON Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRON 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 | 0.0897 | |||
| Jensen Alpha | 0.4334 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0385 | |||
| Treynor Ratio | (1.43) |
| 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 TRON. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.