EigenLayer Price on December 18, 2024

EIGEN Crypto  USD 3.76  0.42  10.05%   
If you're considering investing in EigenLayer Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of EigenLayer stands at 3.76, as last reported on the 23rd of December, with the highest price reaching 4.48 and the lowest price hitting 3.65 during the day. EigenLayer is abnormally risky given 3 months investment horizon. EigenLayer secures Sharpe Ratio (or Efficiency) of 0.13, which denotes digital coin had a 0.13% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.81% are justified by taking the suggested risk. Use EigenLayer Coefficient Of Variation of 2039.44, downside deviation of 7.1, and Mean Deviation of 6.27 to evaluate coin specific risk that cannot be diversified away.
  
EigenLayer Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1272

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Estimated Market Risk

 124.28
  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

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average EigenLayer is performing at about 10% 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 EigenLayer by adding it to a well-diversified portfolio.

EigenLayer Main Headline on 18th of December 2024

Bitcoin drops after Powell says Federal Reserve not allowed to own the cryptocurrency USA TODAY

EigenLayer Valuation on December 18, 2024

It is possible to determine the worth of EigenLayer on a given historical date. On December 18, 2024 EigenLayer was worth 4.96 at the beginning of the trading date compared to the closed value of 4.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EigenLayer crypto coin. Still, in general, we apply an absolute valuation method to find EigenLayer'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 EigenLayer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EigenLayer's related companies.
 Open High Low Close Volume
  5.07    5.38    4.60    4.96    4,521,993  
12/18/2024
  4.96    5.09    4.14    4.23    5,082,986  
  4.23    4.34    3.51    4.18    6,686,157  
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Open Value
4.96
4.23
Closing Value
377.80
Upside

EigenLayer Trading Date Momentum on December 18, 2024

On December 19 2024 EigenLayer was traded for  4.18  at the closing time. The highest price during the trading period was 4.34  and the lowest recorded bid was listed for  3.51 . The volume for the day was 6.7 M. This history from December 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.18% . The overall trading delta to the current price is 1.11% .

About EigenLayer Crypto Coin history

EigenLayer 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 EigenLayer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EigenLayer 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.

EigenLayer Crypto Coin Technical Analysis

EigenLayer 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 EigenLayer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EigenLayer 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

EigenLayer Period Price Range

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December 23, 2024
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EigenLayer 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.

EigenLayer December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how EigenLayer 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 EigenLayer shares will generate the highest return on investment.

EigenLayer Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for EigenLayer's price direction in advance. Along with the technical and fundamental analysis of EigenLayer Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of EigenLayer 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 EigenLayer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EigenLayer'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 Eigenlayer Crypto.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EigenLayer. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Please note, there is a significant difference between EigenLayer's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine EigenLayer 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, EigenLayer's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.