XMR Price on November 7, 2024

XMR Crypto  USD 156.28  0.16  0.10%   
If you're considering investing in XMR Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of XMR stands at 156.28, as last reported on the 28th of November, with the highest price reaching 156.45 and the lowest price hitting 155.98 during the day. XMR shows Sharpe Ratio of -0.0278, which attests that digital coin had a -0.0278% return per unit of risk over the last 3 months. XMR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XMR's Standard Deviation of 2.89, market risk adjusted performance of (0.16), and Mean Deviation of 2.05 to validate the risk estimate we provide.
  
XMR Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0278

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Estimated Market Risk

 2.86
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average XMR is not performing at its full potential. However, 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 XMR by adding XMR to a well-diversified portfolio.

XMR Valuation on November 7, 2024

It is possible to determine the worth of XMR on a given historical date. On November 7, 2024 XMR was worth 163.39 at the beginning of the trading date compared to the closed value of 165.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XMR crypto coin. Still, in general, we apply an absolute valuation method to find XMR'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 XMR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XMR's related companies.
 Open High Low Close Volume
  160.91    168.48    160.89    163.39    1,529,533  
11/07/2024
  163.39    167.19    163.25    165.71    826,595  
  165.72    175.42    162.56    163.63    1,405,062  
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Open Value
163.39
154.80
Downside
165.71
Closing Value
171.98
Upside

XMR Trading Date Momentum on November 7, 2024

On November 08 2024 XMR was traded for  163.63  at the closing time. The maximum traded price for the trading interval was 175.42  and the lowest daily price was  162.56 . The daily volume was recorded at 1.4 M. The volume of trading on 8th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.26% . The trading price change to the closing price today is 5.65% .

About XMR Crypto Coin history

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

XMR Crypto Coin Technical Analysis

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

XMR Period Price Range

Low
November 28, 2024
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High

 0.00 

     

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XMR 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.

XMR November 28, 2024 Market Strength

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

XMR Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for XMR's price direction in advance. Along with the technical and fundamental analysis of XMR Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of XMR 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 XMR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XMR'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 Xmr Crypto.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XMR. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between XMR's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine XMR 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, XMR's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.