ZEL Price on November 15, 2024
| ZEL Crypto | USD 0.08 0.0002 0.25% |
If you're considering investing in ZEL Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ZEL stands at 0.08, as last reported on the 28th of November, with the highest price reaching 0.08 and the lowest price hitting 0.08 during the day. ZEL appears to be very volatile, given 3 months investment horizon. ZEL shows Sharpe Ratio of 0.24, which attests that digital coin had a 0.24% return per unit of standard deviation over the last 3 months. By reviewing ZEL's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize ZEL's Downside Deviation of 2.72, mean deviation of 2.22, and Risk Adjusted Performance of 0.1879 to validate if our risk estimates are consistent with your expectations.
ZEL Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ZEL |
Sharpe Ratio = 0.242
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ZEL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average ZEL is performing at about 19% 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 ZEL by adding it to a well-diversified portfolio.
ZEL Valuation on November 15, 2024
It is possible to determine the worth of ZEL on a given historical date. On November 15, 2024 ZEL was worth 0.0756 at the beginning of the trading date compared to the closed value of 0.0752. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZEL crypto coin. Still, in general, we apply an absolute valuation method to find ZEL'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 ZEL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZEL's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.08 | 0.08 | 0.08 | 1.00 | |
11/15/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
| 0.08 | 0.08 | 0.08 | 0.08 | 1.00 |
| Backtest ZEL | | | ZEL History | Previous | Next |
ZEL Trading Date Momentum on November 15, 2024
| On November 18 2024 ZEL was traded for 0.08 at the closing time. The maximum traded price for the trading interval was 0.08 and the lowest daily price was 0.08 . There was no trading activity during the period 1.0. Lack of trading volume on 18th of November 2024 played a part in the next trading day price growth. The trading date delta to the next closing price was 1.99% . The trading date delta to the closing price today is 2.66% . |
About ZEL Crypto Coin history
ZEL 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 ZEL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZEL 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.
ZEL Crypto Coin Technical Analysis
ZEL 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
ZEL Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
ZEL 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.
ZEL November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ZEL 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 ZEL shares will generate the highest return on investment.
ZEL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZEL's price direction in advance. Along with the technical and fundamental analysis of ZEL Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZEL 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 | 0.1879 | |||
| Jensen Alpha | 0.7178 | |||
| Total Risk Alpha | 0.2727 | |||
| Sortino Ratio | 0.2429 | |||
| Treynor Ratio | 1.55 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEL. 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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.