FTX Token Price on October 8, 2024
| FTT Crypto | USD 2.95 0.01 0.34% |
If you're considering investing in FTX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of FTX Token stands at 2.95, as last reported on the 11th of December 2024, with the highest price reaching 2.96 and the lowest price hitting 2.95 during the day. FTX Token is abnormally risky given 3 months investment horizon. FTX Token secures Sharpe Ratio (or Efficiency) of 0.17, which denotes digital coin had a 0.17% return per unit of volatility over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.67% are justified by taking the suggested risk. Use FTX Token Downside Deviation of 6.41, mean deviation of 6.26, and Market Risk Adjusted Performance of 2.54 to evaluate coin specific risk that cannot be diversified away.
FTX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
FTX |
Sharpe Ratio = 0.1688
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Estimated Market Risk
| 9.87 actual daily | 87 87% of assets are less volatile |
Expected Return
| 1.67 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average FTX Token is performing at about 13% 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 FTX Token by adding it to a well-diversified portfolio.
FTX Token Valuation on October 8, 2024
It is possible to determine the worth of FTX Token on a given historical date. On October 8, 2024 FTX was worth 2.37 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FTX Token crypto coin. Still, in general, we apply an absolute valuation method to find FTX Token'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 FTX Token where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FTX Token's related companies.
| Open | High | Low | Close | Volume | |
| 2.74 | 2.79 | 2.22 | 2.37 | 33,476 | |
10/08/2024 | 2.37 | 2.38 | 2.10 | 2.18 | 7,379 |
| 2.18 | 2.23 | 2.03 | 2.03 | 7,485 |
| Backtest FTX Token | | | FTX Token History | Previous | Next |
FTX Token Trading Date Momentum on October 8, 2024
| On October 09 2024 FTX Token was traded for 2.03 at the closing time. The maximum traded price for the trading interval was 2.23 and the lowest daily price was 2.03 . The daily volume was recorded at 7.5 K. The volume of trading on 9th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 6.88% . The overall trading delta to the closing price today is 6.42% . |
About FTX Token Crypto Coin history
FTX Token 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 FTX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FTX Token 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.
FTX Token Crypto Coin Technical Analysis
FTX Token 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
FTX Token Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
FTX Token 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.
FTX Token December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how FTX Token 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 FTX Token shares will generate the highest return on investment.
FTX Token Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FTX Token's price direction in advance. Along with the technical and fundamental analysis of FTX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of FTX 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 | 0.1336 | |||
| Jensen Alpha | 1.59 | |||
| Total Risk Alpha | 0.1239 | |||
| Sortino Ratio | 0.2418 | |||
| Treynor Ratio | 2.53 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTX Token. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.