ARPA Price on December 9, 2024
| ARPA Crypto | USD 0.06 0.0009 1.44% |
If you're considering investing in ARPA Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ARPA stands at 0.06, as last reported on the 12th of December 2024, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. ARPA appears to be unusually risky, given 3 months investment horizon. ARPA secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that digital coin had a 0.15% return per unit of risk over the last 3 months. By analyzing ARPA's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please makes use of ARPA's mean deviation of 3.84, and Risk Adjusted Performance of 0.1118 to double-check if our risk estimates are consistent with your expectations.
ARPA Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ARPA |
Sharpe Ratio = 0.1475
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.9 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average ARPA is performing at about 11% 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 ARPA by adding it to a well-diversified portfolio.
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ARPA Valuation on December 9, 2024
It is possible to determine the worth of ARPA on a given historical date. On December 9, 2024 ARPA was worth 0.061 at the beginning of the trading date compared to the closed value of 0.0577. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARPA crypto coin. Still, in general, we apply an absolute valuation method to find ARPA'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 ARPA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARPA's related companies.
| Open | High | Low | Close | Volume | |
| 0.07 | 0.07 | 0.07 | 0.07 | 3,361,922 | |
12/09/2024 | 0.06 | 0.06 | 0.05 | 0.06 | 2,516,315 |
| 0.06 | 0.06 | 0.06 | 0.06 | 1,571,588 |
| Backtest ARPA | | | ARPA History | Previous | Next |
ARPA Trading Date Momentum on December 9, 2024
| On December 10 2024 ARPA was traded for 0.06 at the closing time. The highest price during the trading period was 0.06 and the lowest recorded bid was listed for 0.06 . The volume for the day was 1.6 M. This history from December 10, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 8.67% . The overall trading delta to the current price is 8.84% . |
About ARPA Crypto Coin history
ARPA 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 ARPA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ARPA 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.
ARPA Crypto Coin Technical Analysis
ARPA 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
ARPA Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
ARPA 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.
ARPA December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how ARPA 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 ARPA shares will generate the highest return on investment.
ARPA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ARPA's price direction in advance. Along with the technical and fundamental analysis of ARPA Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ARPA 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 | 0.1118 | |||
| Jensen Alpha | 0.7654 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1268 | |||
| Treynor Ratio | 1.73 |
| 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 ARPA. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.