CND Price on October 31, 2024
| CND Crypto | USD 0.0006 0.000029 4.78% |
If you're considering investing in CND Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of CND stands at 0.0006, as last reported on the 11th of December 2024, with the highest price reaching 0.0006 and the lowest price hitting 0.0006 during the day. CND appears to be very volatile, given 3 months investment horizon. CND secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that digital coin had a 0.26% return per unit of risk over the last 3 months. By examining CND's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please makes use of CND's Mean Deviation of 2.23, risk adjusted performance of 0.211, and Downside Deviation of 2.53 to double-check if our risk estimates are consistent with your expectations.
CND Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
CND |
Sharpe Ratio = 0.2619
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.31 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average CND is performing at about 20% 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 CND by adding it to a well-diversified portfolio.
CND Valuation on October 31, 2024
It is possible to determine the worth of CND on a given historical date. On October 31, 2024 CND was worth 4.21E-4 at the beginning of the trading date compared to the closed value of 4.17E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CND crypto coin. Still, in general, we apply an absolute valuation method to find CND'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 CND where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CND's related companies.
| Open | High | Low | Close | Volume | |
| 0.0004 | 0.0004 | 0.0004 | 0.0004 | 1.00 | |
10/31/2024 | 0.0004 | 0.0004 | 0.0004 | 0.0004 | 1.00 |
| 0.0004 | 0.0004 | 0.0004 | 0.0004 | 1.00 |
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CND Trading Date Momentum on October 31, 2024
| On November 01 2024 CND was traded for 0.0004 at the closing time. The maximum traded price for the trading interval was 0.0004 and the lowest daily price was 0.0004 . There was no trading activity during the period 1.0. Lack of trading volume on 1st of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.24% . The overall trading delta to the closing price today is 27.82% . |
About CND Crypto Coin history
CND 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 CND is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CND 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.
CND Crypto Coin Technical Analysis
CND 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
CND Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
CND 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.
CND December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how CND 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 CND shares will generate the highest return on investment.
CND Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CND's price direction in advance. Along with the technical and fundamental analysis of CND Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of CND 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 | 0.211 | |||
| Jensen Alpha | 0.8924 | |||
| Total Risk Alpha | 0.3933 | |||
| Sortino Ratio | 0.3157 | |||
| Treynor Ratio | 5.07 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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| 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 CND. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.