LET Price on December 4, 2024
| LET Crypto | USD 0.0005 0.00 0.00% |
If you're considering investing in LET Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of LET stands at 0.0005, as last reported on the 4th of December, with the highest price reaching 0.0005 and the lowest price hitting 0.0005 during the day. At this point, LET is relatively risky. LET has Sharpe Ratio of 4.0E-4, which conveys that digital coin had a 4.0E-4% return per unit of standard deviation over the last 3 months. We have found nineteen technical indicators for LET, which you can use to evaluate the volatility of coin. Please verify LET's Market Risk Adjusted Performance of (0.79), risk adjusted performance of (0.11), and Mean Deviation of 0.0228 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
LET Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
LET |
Sharpe Ratio = 4.0E-4
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Based on monthly moving average LET 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 LET by adding LET to a well-diversified portfolio.
LET Valuation on December 4, 2024
It is possible to determine the worth of LET on a given historical date. On December 4, 2024 LET was worth 5.33E-4 at the beginning of the trading date compared to the closed value of 5.33E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LET crypto coin. Still, in general, we apply an absolute valuation method to find LET'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 LET where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LET's related companies.
| Open | High | Low | Close | Volume | |
| 0.0005 | 0.0005 | 0.0005 | 0.0005 | 1.00 | |
12/04/2024 | 0.0005 | 0.0005 | 0.0005 | 0.0005 | 1.00 |
| Backtest LET | | | LET History | Previous |
LET Trading Date Momentum on December 4, 2024
| On December 04 2024 LET was traded for 0.0005 at the closing time. The maximum traded price for the trading interval was 0.0005 and the lowest daily price was 0.0005 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
About LET Crypto Coin history
LET 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 LET is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LET 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.
LET Crypto Coin Technical Analysis
LET 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
LET Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
LET 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.
LET December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how LET 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 LET shares will generate the highest return on investment.
LET Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LET's price direction in advance. Along with the technical and fundamental analysis of LET Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of LET 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 | (0.11) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.80) |
| 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 LET. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.