Wrapped EETH Price on November 7, 2024

WEETH Crypto  USD 3,839  5.22  0.14%   
If you're considering investing in Wrapped Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Wrapped EETH stands at 3,839, as last reported on the 28th of November, with the highest price reaching 3,850 and the lowest price hitting 3,824 during the day. Wrapped EETH appears to be very volatile, given 3 months investment horizon. Wrapped eETH shows Sharpe Ratio of 0.18, which attests that digital coin had a 0.18% return per unit of risk over the last 3 months. By examining Wrapped EETH's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Wrapped EETH's Downside Deviation of 3.11, market risk adjusted performance of 0.4231, and Mean Deviation of 2.64 to validate if our risk estimates are consistent with your expectations.
  
Wrapped Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1795

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Estimated Market Risk

 3.71
  actual daily
33
67% of assets are more volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Wrapped EETH is performing at about 14% 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 Wrapped EETH by adding it to a well-diversified portfolio.

Wrapped EETH Valuation on November 7, 2024

It is possible to determine the worth of Wrapped EETH on a given historical date. On November 7, 2024 Wrapped was worth 3051.09 at the beginning of the trading date compared to the closed value of 3118.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wrapped EETH crypto coin. Still, in general, we apply an absolute valuation method to find Wrapped EETH'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 Wrapped EETH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wrapped EETH's related companies.
 Open High Low Close Volume
  2,866    3,051    3,048    3,051    1,387  
11/07/2024
  3,051    3,121    3,118    3,118    4,208  
  3,118    3,297    3,291    3,297    4,028  
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Open Value
3051.09
3118.11
Closing Value
3,062
Upside

Wrapped EETH Trading Date Momentum on November 7, 2024

On November 08 2024 Wrapped eETH was traded for  3,297  at the closing time. The highest price during the trading period was 3,297  and the lowest recorded bid was listed for  3,291 . The volume for the day was 4 K. This history from November 8, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 5.73% . The trading price change to the current price is 7.87% .

About Wrapped EETH Crypto Coin history

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

Wrapped EETH Crypto Coin Technical Analysis

Wrapped EETH 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 Wrapped EETH technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wrapped EETH 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

Wrapped EETH Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wrapped eETH 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.

Wrapped EETH November 28, 2024 Market Strength

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

Wrapped EETH Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wrapped EETH's price direction in advance. Along with the technical and fundamental analysis of Wrapped Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wrapped 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 Wrapped eETH offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wrapped EETH'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 Wrapped Eeth Crypto.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrapped eETH. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between Wrapped EETH's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Wrapped EETH 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, Wrapped EETH's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.