OKT Chain Price on September 9, 2024
| OKT Crypto | USD 5.41 0.01 0.18% |
If you're considering investing in OKT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of OKT Chain stands at 5.41, as last reported on the 22nd of March, with the highest price reaching 5.41 and the lowest price hitting 5.36 during the day. OKT Chain maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies digital coin had a -0.2 % return per unit of standard deviation over the last 3 months. OKT Chain exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OKT Chain's Risk Adjusted Performance of (0.17), coefficient of variation of (495.06), and Market Risk Adjusted Performance of (1.77) to confirm the risk estimate we provide.
OKT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
OKT |
Sharpe Ratio = -0.2022
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OKT |
Estimated Market Risk
| 5.61 actual daily | 50 50% of assets are less volatile |
Expected Return
| -1.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OKT Chain 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 OKT Chain by adding OKT Chain to a well-diversified portfolio.
OKT Chain Valuation on September 9, 2024
It is possible to determine the worth of OKT Chain on a given historical date. On September 9, 2024 OKT was worth 6.61 at the beginning of the trading date compared to the closed value of 6.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OKT Chain crypto coin. Still, in general, we apply an absolute valuation method to find OKT Chain'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 OKT Chain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OKT Chain's related companies.
| Open | High | Low | Close | Volume | |
| 6.32 | 6.46 | 6.34 | 6.34 | 15.90 | |
09/09/2024 | 6.61 | 6.81 | 6.64 | 6.67 | 85.99 |
| 6.67 | 6.60 | 6.44 | 6.53 | 84.51 |
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OKT Chain Trading Date Momentum on September 9, 2024
| On September 10 2024 OKT Chain was traded for 6.53 at the closing time. The maximum traded price for the trading interval was 6.60 and the lowest daily price was 6.44 . The daily volume was recorded at 84.51. The volume of trading on 10th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.10% . The trading delta at closing time to the closing price today is 1.35% . |
About OKT Chain Crypto Coin history
OKT Chain 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 OKT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OKT Chain 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.
OKT Chain Crypto Coin Technical Analysis
OKT Chain 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
OKT Chain Period Price Range
Low | March 22, 2025
| High |
0.00 | 0.00 |
OKT Chain 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.
OKT Chain March 22, 2025 Market Strength
Market strength indicators help investors to evaluate how OKT Chain 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 OKT Chain shares will generate the highest return on investment.
OKT Chain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OKT Chain's price direction in advance. Along with the technical and fundamental analysis of OKT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of OKT 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 | (0.17) | |||
| Jensen Alpha | (1.09) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (1.78) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OKT Chain. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.