CHESS Price on December 2, 2024
| CHESS Crypto | USD 0.21 0.05 19.23% |
If you're considering investing in CHESS Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of CHESS stands at 0.21, as last reported on the 11th of December 2024, with the highest price reaching 0.21 and the lowest price hitting 0.21 during the day. CHESS appears to be unreasonably risky, given 3 months investment horizon. CHESS secures Sharpe Ratio (or Efficiency) of 0.0828, which signifies that digital coin had a 0.0828% return per unit of risk over the last 3 months. By examining CHESS's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of CHESS's Downside Deviation of 10.8, risk adjusted performance of 0.0869, and Mean Deviation of 5.08 to double-check if our risk estimates are consistent with your expectations.
CHESS Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
CHESS |
Sharpe Ratio = 0.0828
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.1 actual daily | 63 63% of assets are less volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average CHESS is performing at about 6% 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 CHESS by adding it to a well-diversified portfolio.
CHESS Valuation on December 2, 2024
It is possible to determine the worth of CHESS on a given historical date. On December 2, 2024 CHESS was worth 0.22 at the beginning of the trading date compared to the closed value of 0.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHESS crypto coin. Still, in general, we apply an absolute valuation method to find CHESS'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 CHESS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHESS's related companies.
| Open | High | Low | Close | Volume | |
| 0.20 | 0.22 | 0.20 | 0.22 | 13,576 | |
12/02/2024 | 0.22 | 0.27 | 0.22 | 0.26 | 138,222 |
| 0.26 | 0.27 | 0.25 | 0.26 | 34,798 |
| Backtest CHESS | | | CHESS History | Previous | Next |
CHESS Trading Date Momentum on December 2, 2024
| On December 03 2024 CHESS was traded for 0.26 at the closing time. The highest price during the trading period was 0.27 and the lowest recorded bid was listed for 0.25 . The volume for the day was 34.8 K. This history from December 3, 2024 did not affect price variability. The overall trading delta to the current price is 19.23% . |
About CHESS Crypto Coin history
CHESS 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 CHESS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CHESS 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.
CHESS Crypto Coin Technical Analysis
CHESS 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
CHESS Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
CHESS 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.
CHESS December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how CHESS 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 CHESS shares will generate the highest return on investment.
CHESS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHESS's price direction in advance. Along with the technical and fundamental analysis of CHESS Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHESS 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 | 0.0869 | |||
| Jensen Alpha | 0.7006 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0599 | |||
| Treynor Ratio | 1.42 |
| 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 CHESS. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.