Bitkub Coin Price on December 2, 2024
| KUB Crypto | USD 2.40 0.08 3.45% |
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 2.40, as last reported on the 11th of December 2024, with the highest price reaching 2.41 and the lowest price hitting 2.39 during the day. Bitkub Coin appears to be very risky, given 3 months investment horizon. Bitkub Coin secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that digital coin had a 0.14% return per unit of risk over the last 3 months. By analyzing Bitkub Coin's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Bitkub Coin's Risk Adjusted Performance of 0.1392, downside deviation of 3.9, and Mean Deviation of 2.94 to double-check if our risk estimates are consistent with your expectations.
Bitkub Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Bitkub |
Sharpe Ratio = 0.1366
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | KUB | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.09 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Bitkub Coin 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 Bitkub Coin by adding it to a well-diversified portfolio.
Bitkub Coin Valuation on December 2, 2024
It is possible to determine the worth of Bitkub Coin on a given historical date. On December 2, 2024 Bitkub was worth 2.51 at the beginning of the trading date compared to the closed value of 2.53. 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 | |
| 2.57 | 2.58 | 2.51 | 2.52 | 1,389 | |
12/02/2024 | 2.51 | 2.56 | 2.49 | 2.53 | 1,385 |
| 2.53 | 2.72 | 2.53 | 2.64 | 1,495 |
| Backtest Bitkub Coin | | | Bitkub Coin History | Previous | Next |
Bitkub Coin Trading Date Momentum on December 2, 2024
| On December 03 2024 Bitkub Coin was traded for 2.64 at the closing time. The maximum traded price for the trading interval was 2.72 and the lowest daily price was 2.53 . The daily volume was recorded at 1.5 K. The volume of trading on 3rd of December 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 4.35% . The overall trading delta to the closing price today is 5.14% . |
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.
Price Boundaries
Bitkub Coin Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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 December 11, 2024 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.
| Risk Adjusted Performance | 0.1392 | |||
| Jensen Alpha | 0.7746 | |||
| Total Risk Alpha | 0.0881 | |||
| Sortino Ratio | 0.1689 | |||
| Treynor Ratio | (85.01) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.