Manta Network Price on September 30, 2024
| MANTA Crypto | USD 1.10 0.09 8.91% |
If you're considering investing in Manta Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Manta Network stands at 1.10, as last reported on the 11th of December 2024, with the highest price reaching 1.11 and the lowest price hitting 1.10 during the day. Manta Network appears to be unusually volatile, given 3 months investment horizon. Manta Network has Sharpe Ratio of 0.12, which conveys that digital coin had a 0.12% return per unit of risk over the last 3 months. By analyzing Manta Network's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please exercise Manta Network's Downside Deviation of 7.92, mean deviation of 5.03, and Risk Adjusted Performance of 0.1047 to check out if our risk estimates are consistent with your expectations.
Manta Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Manta |
Sharpe Ratio = 0.1212
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.81 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Manta Network is performing at about 9% 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 Manta Network by adding it to a well-diversified portfolio.
Manta Network Valuation on September 30, 2024
It is possible to determine the worth of Manta Network on a given historical date. On September 30, 2024 Manta was worth 0.84 at the beginning of the trading date compared to the closed value of 0.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manta Network crypto coin. Still, in general, we apply an absolute valuation method to find Manta Network'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 Manta Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manta Network's related companies.
| Open | High | Low | Close | Volume | |
| 0.94 | 0.96 | 0.88 | 0.89 | 37,775 | |
09/30/2024 | 0.84 | 0.85 | 0.70 | 0.73 | 150,411 |
| 0.73 | 0.80 | 0.72 | 0.76 | 153,502 |
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Manta Network Trading Date Momentum on September 30, 2024
| On October 01 2024 Manta Network was traded for 0.76 at the closing time. The highest price during the trading period was 0.80 and the lowest recorded bid was listed for 0.72 . The volume for the day was 153.5 K. This history from October 1, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 4.11% . The trading delta at closing time to the current price is 4.11% . |
About Manta Network Crypto Coin history
Manta Network 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 Manta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manta Network 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.
Manta Network Crypto Coin Technical Analysis
Manta Network 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
Manta Network Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Manta Network 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.
Manta Network December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Manta Network 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 Manta Network shares will generate the highest return on investment.
Manta Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manta Network's price direction in advance. Along with the technical and fundamental analysis of Manta Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manta 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 | 0.1047 | |||
| Jensen Alpha | 0.6947 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0969 | |||
| Treynor Ratio | 0.5391 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manta Network. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.