UBEX Price on May 25, 2024
| UBEX Crypto | USD 0.000037 0.000001 2.78% |
If you're considering investing in UBEX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of UBEX stands at 0.000037, as last reported on the 4th of December, with the highest price reaching 0.000037 and the lowest price hitting 0.000036 during the day. UBEX appears to be very volatile, given 3 months investment horizon. UBEX owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates digital coin had a 0.22% return per unit of volatility over the last 3 months. By analyzing UBEX's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please review UBEX's Downside Deviation of 5.35, risk adjusted performance of 0.1339, and Market Risk Adjusted Performance of 1.79 to confirm if our risk estimates are consistent with your expectations.
UBEX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
UBEX |
Sharpe Ratio = 0.2227
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UBEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average UBEX is performing at about 17% 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 UBEX by adding it to a well-diversified portfolio.
UBEX Valuation on May 25, 2024
It is possible to determine the worth of UBEX on a given historical date. On May 25, 2024 UBEX was worth 3.7E-5 at the beginning of the trading date compared to the closed value of 3.7E-5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UBEX crypto coin. Still, in general, we apply an absolute valuation method to find UBEX'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 UBEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UBEX's related companies.
| Open | High | Low | Close | Volume | |
05/25/2024 | 0.000037 | 0.000037 | 0.000037 | 0.000037 | 1.00 |
| 0.000039 | 0.000038 | 0.000038 | 0.000038 | 1.00 |
| Backtest UBEX | | | UBEX History | Next |
UBEX Trading Date Momentum on May 25, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.About UBEX Crypto Coin history
UBEX 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 UBEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UBEX 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.
UBEX Crypto Coin Technical Analysis
UBEX 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
UBEX Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
UBEX 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.
UBEX December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how UBEX 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 UBEX shares will generate the highest return on investment.
UBEX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UBEX's price direction in advance. Along with the technical and fundamental analysis of UBEX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of UBEX 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 | 0.1339 | |||
| Jensen Alpha | 0.6296 | |||
| Total Risk Alpha | 0.1108 | |||
| Sortino Ratio | 0.1056 | |||
| Treynor Ratio | 1.78 |
| 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 UBEX. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.