Clearpool Price on November 7, 2024
CPOOL Crypto | USD 0.28 0.02 7.69% |
If you're considering investing in Clearpool Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Clearpool stands at 0.28, as last reported on the 2nd of December, with the highest price reaching 0.29 and the lowest price hitting 0.28 during the day. Clearpool is abnormally risky given 3 months investment horizon. Clearpool secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that digital coin had a 0.12% return per unit of standard deviation over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 15.48% are justified by taking the suggested risk. Use Clearpool mean deviation of 6.35, and Risk Adjusted Performance of 0.1605 to evaluate coin specific risk that cannot be diversified away.
Clearpool Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Clearpool |
Sharpe Ratio = 0.1239
Best Portfolio | Best Equity | CPOOL | ||
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Estimated Market Risk
124.93 actual daily | 96 96% of assets are less volatile |
Expected Return
5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Clearpool is performing at about 9% 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 Clearpool by adding it to a well-diversified portfolio.
Clearpool Valuation on November 7, 2024
It is possible to determine the worth of Clearpool on a given historical date. On November 7, 2024 Clearpool 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 Clearpool crypto coin. Still, in general, we apply an absolute valuation method to find Clearpool'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 Clearpool where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clearpool's related companies.
Open | High | Low | Close | Volume | |
0.23 | 0.28 | 0.23 | 0.25 | 1,024,593 | |
11/07/2024 | 0.25 | 0.27 | 0.25 | 0.25 | 51,964 |
0.25 | 0.25 | 0.22 | 0.24 | 641,133 |
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Clearpool Trading Date Momentum on November 7, 2024
On November 08 2024 Clearpool was traded for 0.24 at the closing time. The highest price during the trading period was 0.25 and the lowest recorded bid was listed for 0.22 . The volume for the day was 641.1 K. This history from November 8, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.00% . The overall trading delta to the current price is 12.00% . |
About Clearpool Crypto Coin history
Clearpool 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 Clearpool is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clearpool 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.
Clearpool Crypto Coin Technical Analysis
Clearpool 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
Clearpool Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Clearpool 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.
Clearpool December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Clearpool 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 Clearpool shares will generate the highest return on investment.
Clearpool Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clearpool's price direction in advance. Along with the technical and fundamental analysis of Clearpool Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clearpool 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 | 0.1605 | |||
Jensen Alpha | 1.55 | |||
Total Risk Alpha | 0.2426 | |||
Sortino Ratio | 0.2054 | |||
Treynor Ratio | 4.0 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearpool. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.