BITM Price on December 1, 2024
| BITM Crypto | USD 0.00003 0.00 0.00% |
If you're considering investing in BITM Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of BITM stands at 0.00003, as last reported on the 1st of December, with the highest price reaching 0.00003 and the lowest price hitting 0.00003 during the day. We have found twenty-three technical indicators for BITM, which you can use to evaluate the volatility of coin. Please confirm BITM's mean deviation of 1.48, and Risk Adjusted Performance of 0.0498 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
BITM Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
BITM |
Sharpe Ratio = 0.0
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Based on monthly moving average BITM 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 BITM by adding BITM to a well-diversified portfolio.
BITM Valuation on December 1, 2024
It is possible to determine the worth of BITM on a given historical date. On December 1, 2024 BITM was worth 2.991E-5 at the beginning of the trading date compared to the closed value of 3.0E-5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BITM crypto coin. Still, in general, we apply an absolute valuation method to find BITM'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 BITM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BITM's related companies.
| Open | High | Low | Close | Volume | |
12/01/2024 | 0.00003 | 0.00003 | 0.00003 | 0.00003 | 0.00 |
| Backtest BITM | | | BITM History |
BITM Trading Date Momentum on December 1, 2024
About BITM Crypto Coin history
BITM 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 BITM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BITM 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.
BITM Crypto Coin Technical Analysis
BITM 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
BITM Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
BITM 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.
BITM December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how BITM 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 BITM shares will generate the highest return on investment.
BITM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BITM's price direction in advance. Along with the technical and fundamental analysis of BITM Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of BITM 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 | 0.0498 | |||
| Jensen Alpha | 0.1431 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.70) |
| 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. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.