Ondo Price on December 10, 2024
| ONDO Crypto | USD 1.75 0.04 2.23% |
If you're considering investing in Ondo Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Ondo stands at 1.75, as last reported on the 13th of December 2024, with the highest price reaching 1.75 and the lowest price hitting 1.75 during the day. Ondo is unreasonably risky given 3 months investment horizon. Ondo maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies digital coin had a 0.27% return per unit of risk over the last 3 months. We were able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.91% are justified by taking the suggested risk. Use Ondo Coefficient Of Variation of 402.29, semi deviation of 3.77, and Risk Adjusted Performance of 0.1895 to evaluate coin specific risk that cannot be diversified away.
Ondo Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Ondo |
Sharpe Ratio = 0.2729
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ONDO | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.0 actual daily | 62 62% of assets are less volatile |
Expected Return
| 1.91 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Ondo is performing at about 21% 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 Ondo by adding it to a well-diversified portfolio.
Related Headline
Worldcoin Headline on 10th of December 2024
Why some investors are still wary of crypto despite post-ele... by news.google.com
Why some investors are still wary of crypto despite post-election rally Yahoo Finance
Ondo Valuation on December 10, 2024
It is possible to determine the worth of Ondo on a given historical date. On December 10, 2024 Ondo was worth 1.74 at the beginning of the trading date compared to the closed value of 1.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ondo crypto coin. Still, in general, we apply an absolute valuation method to find Ondo'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 Ondo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ondo's related companies.
| Open | High | Low | Close | Volume | |
| 1.52 | 1.75 | 1.40 | 1.74 | 24,108,239 | |
12/10/2024 | 1.74 | 1.84 | 1.61 | 1.79 | 19,184,329 |
| 1.79 | 1.93 | 1.73 | 1.75 | 21,657,379 |
| Backtest Ondo | | | Ondo History | Previous | Next |
Ondo Trading Date Momentum on December 10, 2024
| On December 11 2024 Ondo was traded for 1.75 at the closing time. The highest price during the trading period was 1.93 and the lowest recorded bid was listed for 1.73 . The volume for the day was 21.7 M. This history from December 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.23% . The trading delta at closing time to the current price is 2.23% . |
About Ondo Crypto Coin history
Ondo 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 Ondo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ondo 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.
Ondo Crypto Coin Technical Analysis
Ondo 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
Ondo Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Ondo 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.
Ondo December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Ondo 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 Ondo shares will generate the highest return on investment.
Ondo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ondo's price direction in advance. Along with the technical and fundamental analysis of Ondo Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ondo 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 | 0.1895 | |||
| Jensen Alpha | 1.74 | |||
| Total Risk Alpha | 0.7465 | |||
| Sortino Ratio | 0.3481 | |||
| Treynor Ratio | (12.65) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| 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 Ondo. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.