Bitkub Coin Price on November 28, 2024

KUB Crypto  USD 1.74  0.01  0.58%   
If you're considering investing in Bitkub Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Bitkub Coin stands at 1.74, as last reported on the 3rd of March, with the highest price reaching 1.75 and the lowest price hitting 1.72 during the day. Bitkub Coin secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that digital coin had a -0.15 % return per unit of risk over the last 3 months. Bitkub Coin exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bitkub Coin's Standard Deviation of 3.75, mean deviation of 2.66, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
  
Bitkub Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1467

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Estimated Market Risk

 3.75
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.55
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bitkub Coin is not performing at its full potential. However, 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 Bitkub Coin by adding Bitkub Coin to a well-diversified portfolio.

Bitkub Coin Valuation on November 28, 2024

It is possible to determine the worth of Bitkub Coin on a given historical date. On November 28, 2024 Bitkub was worth 2.51 at the beginning of the trading date compared to the closed value of 2.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bitkub Coin crypto coin. Still, in general, we apply an absolute valuation method to find Bitkub Coin'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 Bitkub Coin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bitkub Coin's related companies.
 Open High Low Close Volume
  2.54    2.58    2.48    2.51    70,272  
11/28/2024
  2.51    2.58    2.48    2.56    69,330  
  2.56    2.58    2.53    2.56    67,391  
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Open Value
2.51
2.56
Closing Value
13.77
Upside

Bitkub Coin Trading Date Momentum on November 28, 2024

On November 29 2024 Bitkub Coin was traded for  2.56  at the closing time. The maximum traded price for the trading interval was 2.58  and the lowest daily price was  2.53 . The daily volume was recorded at 67.4 K. The volume of trading on 29th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 3.52% .

About Bitkub Coin Crypto Coin history

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

Bitkub Coin Crypto Coin Technical Analysis

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

Bitkub Coin Period Price Range

Low
March 3, 2025
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High

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Bitkub Coin 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.

Bitkub Coin March 3, 2025 Market Strength

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

Bitkub Coin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bitkub Coin's price direction in advance. Along with the technical and fundamental analysis of Bitkub Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bitkub 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 Bitkub Coin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bitkub Coin'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 Bitkub Coin Crypto.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Bitkub Coin. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Please note, there is a significant difference between Bitkub Coin's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Bitkub Coin 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, Bitkub Coin's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.