UBT Price on November 20, 2024
| UBT Crypto | USD 0.04 0.01 15.71% |
If you're considering investing in UBT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of UBT stands at 0.04, as last reported on the 30th of November, with the highest price reaching 0.05 and the lowest price hitting 0.04 during the day. UBT is abnormally risky given 3 months investment horizon. UBT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates digital coin had a 0.11% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.54% are justified by taking the suggested risk. Use UBT Downside Deviation of 13.62, risk adjusted performance of 0.079, and Market Risk Adjusted Performance of 0.511 to evaluate coin specific risk that cannot be diversified away.
UBT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
UBT |
Sharpe Ratio = 0.1124
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Estimated Market Risk
| 13.73 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.54 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average UBT 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 UBT by adding it to a well-diversified portfolio.
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UBT Valuation on November 20, 2024
It is possible to determine the worth of UBT on a given historical date. On November 20, 2024 UBT was worth 0.0393 at the beginning of the trading date compared to the closed value of 0.0442. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UBT crypto coin. Still, in general, we apply an absolute valuation method to find UBT'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 UBT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UBT's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.05 | 0.04 | 0.04 | 788,168 | |
11/20/2024 | 0.04 | 0.05 | 0.04 | 0.04 | 859,745 |
| 0.04 | 0.05 | 0.04 | 0.04 | 814,349 |
| Backtest UBT | | | UBT History | Previous | Next |
UBT Trading Date Momentum on November 20, 2024
| On November 21 2024 UBT was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.05 and the lowest daily price was 0.04 . The daily volume was recorded at 814.3 K. The volume of trading on 21st of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 3.39% . The trading price change to the closing price today is 13.57% . |
About UBT Crypto Coin history
UBT 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 UBT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UBT 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.
UBT Crypto Coin Technical Analysis
UBT 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
UBT Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
UBT 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.
UBT November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how UBT 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 UBT shares will generate the highest return on investment.
UBT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UBT's price direction in advance. Along with the technical and fundamental analysis of UBT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of UBT 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 | 0.079 | |||
| Jensen Alpha | 0.9296 | |||
| Total Risk Alpha | (1.06) | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | 0.501 |
| Cycle Indicators | ||
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| 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 UBT. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.