CND Price on November 18, 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, downside deviation of 2.53, and Risk Adjusted Performance of 0.211 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.

Sharpe Ratio = 0.2619

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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.

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CND Valuation on November 18, 2024

It is possible to determine the worth of CND on a given historical date. On November 18, 2024 CND was worth 5.43E-4 at the beginning of the trading date compared to the closed value of 5.55E-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
  0.0005    0.0005    0.0005    0.0005    1.00  
11/18/2024
  0.0005    0.0006    0.0006    0.0006    1.00  
  0.0006    0.0006    0.0006    0.0006    1.00  
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Open Value
5.43E-4
5.55E-4
Closing Value
9.93
Upside

CND Trading Date Momentum on November 18, 2024

On November 19 2024 CND was traded for  0.0006  at the closing time. The maximum traded price for the trading interval was 0.0006  and the lowest daily price was  0.0006 . There was no trading activity during the period 1.0. Lack of trading volume on 19th of November 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 1.98% . The overall trading delta to the closing price today is 3.42% .

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.
A focus of CND technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CND trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

CND Period Price Range

Low
December 11, 2024
0.00  NaN%
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.
When determining whether CND offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CND's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cnd Crypto.
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Please note, there is a significant difference between CND's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine CND value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, CND's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.