Gas Price on November 22, 2024
| GAS Crypto | USD 5.34 0.01 0.19% |
If you're considering investing in Gas Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Gas stands at 5.34, as last reported on the 11th of December 2024, with the highest price reaching 5.39 and the lowest price hitting 5.31 during the day. Gas appears to be unusually volatile, given 3 months investment horizon. Gas holds Efficiency (Sharpe) Ratio of 0.14, which attests that digital coin had a 0.14% return per unit of risk over the last 3 months. By evaluating Gas' technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please utilize Gas' Risk Adjusted Performance of 0.1156, market risk adjusted performance of 0.7518, and Downside Deviation of 6.17 to validate if our risk estimates are consistent with your expectations.
Gas Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Gas |
Sharpe Ratio = 0.1413
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Estimated Market Risk
| 6.5 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Gas is performing at about 11% 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 Gas by adding it to a well-diversified portfolio.
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Gas Valuation on November 22, 2024
It is possible to determine the worth of Gas on a given historical date. On November 22, 2024 Gas was worth 5.04 at the beginning of the trading date compared to the closed value of 5.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gas crypto coin. Still, in general, we apply an absolute valuation method to find Gas' 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 Gas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gas' related companies.
| Open | High | Low | Close | Volume | |
| 4.99 | 5.05 | 4.78 | 5.04 | 244,088 | |
11/22/2024 | 5.04 | 5.35 | 4.97 | 5.19 | 741,051 |
| 5.74 | 5.92 | 5.21 | 5.61 | 721,018 |
| Backtest Gas | | | Gas History | Previous | Next |
Gas Trading Date Momentum on November 22, 2024
| On November 25 2024 Gas was traded for 5.61 at the closing time. The maximum traded price for the trading interval was 5.92 and the lowest daily price was 5.21 . The daily volume was recorded at 721 K. The volume of trading on 25th of November 2024 played a part in the next trading day price growth. The overall trading delta to the next closing price was 8.09% . The overall trading delta to the closing price today is 20.81% . |
About Gas Crypto Coin history
Gas 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 Gas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gas 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.
Gas Crypto Coin Technical Analysis
Gas 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
Gas Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Gas 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.
Gas December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Gas 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 Gas shares will generate the highest return on investment.
Gas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gas' price direction in advance. Along with the technical and fundamental analysis of Gas Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gas 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 | 0.1156 | |||
| Jensen Alpha | 0.7909 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1329 | |||
| Treynor Ratio | 0.7418 |
| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gas. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.