BLZ Price on June 4, 2024
| BLZ Crypto | USD 0.04 0 7.79% |
If you're considering investing in BLZ Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of BLZ stands at 0.04, as last reported on the 25th of March, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. At this point, BLZ is abnormally risky. BLZ secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that digital coin had a close to zero % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for BLZ, which you can use to evaluate the volatility of coin. Please confirm BLZ's risk adjusted performance of 0.0124, and Mean Deviation of 7.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
BLZ Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
BLZ |
Sharpe Ratio = 0.0076
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | BLZ |
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Estimated Market Risk
| 14.13 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BLZ 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 BLZ by adding BLZ to a well-diversified portfolio.
BLZ Valuation on June 4, 2024
It is possible to determine the worth of BLZ on a given historical date. On June 4, 2024 BLZ was worth 0.25 at the beginning of the trading date compared to the closed value of 0.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BLZ crypto coin. Still, in general, we apply an absolute valuation method to find BLZ'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 BLZ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BLZ's related companies.
| Open | High | Low | Close | Volume | |
| 0.25 | 0.25 | 0.24 | 0.25 | 570,297 | |
06/04/2024 | 0.25 | 0.26 | 0.25 | 0.25 | 569,390 |
| 0.25 | 0.26 | 0.24 | 0.25 | 579,672 |
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BLZ Trading Date Momentum on June 4, 2024
| On June 05 2024 BLZ was traded for 0.25 at the closing time. The maximum traded price for the trading interval was 0.26 and the lowest daily price was 0.24 . The daily volume was recorded at 579.7 K. The volume of trading on 5th of June 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
About BLZ Crypto Coin history
BLZ 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 BLZ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BLZ 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.
BLZ Crypto Coin Technical Analysis
BLZ 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
BLZ Period Price Range
Low | March 25, 2025
| High |
0.00 | 0.00 |
BLZ 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.
BLZ March 25, 2025 Market Strength
Market strength indicators help investors to evaluate how BLZ 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 BLZ shares will generate the highest return on investment.
BLZ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BLZ's price direction in advance. Along with the technical and fundamental analysis of BLZ Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of BLZ 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 | 0.0124 | |||
| Jensen Alpha | 0.0947 | |||
| Total Risk Alpha | 0.6048 | |||
| Sortino Ratio | 0.0092 | |||
| Treynor Ratio | 0.0241 |
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| Math Transform | ||
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BLZ. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.