Alephium Price on December 6, 2024
| ALPH Crypto | 1.16 0.19 14.07% |
If you're considering investing in Alephium Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Alephium stands at 1.16, as last reported on the 8th of January, with the highest price reaching 1.17 and the lowest price hitting 1.16 during the day. Alephium is abnormally risky given 3 months investment horizon. Alephium secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that digital coin had a 0.11% return per unit of standard deviation over the last 3 months. We were able to break down twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.17% are justified by taking the suggested risk. Use Alephium mean deviation of 4.52, and Risk Adjusted Performance of (0.02) to evaluate coin specific risk that cannot be diversified away.
Alephium Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Alephium |
Sharpe Ratio = 0.1116
| Best Portfolio | Best Equity | ALPH | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 127.0 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Alephium 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 Alephium by adding it to a well-diversified portfolio.
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Alephium Valuation on December 6, 2024
It is possible to determine the worth of Alephium on a given historical date. On December 6, 2024 Alephium was worth 2.01 at the beginning of the trading date compared to the closed value of 2.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alephium crypto coin. Still, in general, we apply an absolute valuation method to find Alephium'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 Alephium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alephium's related companies.
| Open | High | Low | Close | Volume | |
| 1.87 | 2.01 | 1.86 | 2.01 | 772,273 | |
12/06/2024 | 2.01 | 2.21 | 1.98 | 2.19 | 1,219,618 |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Backtest Alephium | | | Alephium History | Previous | Next |
Alephium Trading Date Momentum on December 6, 2024
| On December 09 2024 Alephium was traded for 0.00 at the closing time. The highest price during the trading period was 0.00 and the lowest recorded bid was listed for 0.00 . There was no trading activity during the period 1.0. Lack of trading volume on December 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 100.00% . The overall trading delta to the current price is 0.46% . |
About Alephium Crypto Coin history
Alephium 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 Alephium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alephium 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.
Alephium Crypto Coin Technical Analysis
Alephium 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
Alephium Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Alephium 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.
Alephium January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Alephium 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 Alephium shares will generate the highest return on investment.
Alephium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alephium's price direction in advance. Along with the technical and fundamental analysis of Alephium Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alephium 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 | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.43) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alephium. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Alephium's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Alephium 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, Alephium's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.