MORE Price on February 26, 2024
| MORE Crypto | USD 0 0.000002 0.21% |
If you're considering investing in MORE Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of MORE stands at 0.001, as last reported on the 11th of December 2024, with the highest price reaching 0.001 and the lowest price hitting 0.001 during the day. MORE appears to be very volatile, given 3 months investment horizon. MORE has Sharpe Ratio of 0.24, which conveys that digital coin had a 0.24% return per unit of volatility over the last 3 months. By inspecting MORE's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please exercise MORE's risk adjusted performance of 0.1964, and Mean Deviation of 2.17 to check out if our risk estimates are consistent with your expectations.
MORE Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
MORE |
Sharpe Ratio = 0.2411
| Best Portfolio | Best Equity | |||
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| Small Returns | MORE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average MORE is performing at about 18% 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 MORE by adding it to a well-diversified portfolio.
MORE Valuation on February 26, 2024
It is possible to determine the worth of MORE on a given historical date. On February 26, 2024 MORE was worth 0.00658 at the beginning of the trading date compared to the closed value of 0.006554. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MORE crypto coin. Still, in general, we apply an absolute valuation method to find MORE'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 MORE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MORE's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
07/21/2023 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
| 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 |
| Backtest MORE | | | MORE History | Previous | Next |
MORE Trading Date Momentum on February 26, 2024
| On May 25 2024 MORE was traded for 0.0007 at the closing time. The highest price during the trading period was 0.0007 and the lowest recorded bid was listed for 0.0007 . There was no trading activity during the period 1.0. Lack of trading volume on May 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 89.43% . The trading delta at closing time to the current price is 89.53% . |
About MORE Crypto Coin history
MORE 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 MORE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MORE 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.
MORE Crypto Coin Technical Analysis
MORE 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
MORE Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
MORE 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.
MORE December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how MORE 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 MORE shares will generate the highest return on investment.
MORE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MORE's price direction in advance. Along with the technical and fundamental analysis of MORE Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of MORE 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 | 0.1964 | |||
| Jensen Alpha | 0.8035 | |||
| Total Risk Alpha | 0.323 | |||
| Sortino Ratio | 0.2722 | |||
| Treynor Ratio | 2.88 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MORE. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.