Phala Network Price on December 12, 2024
| PHA Crypto | USD 0.36 0.01 2.86% |
If you're considering investing in Phala Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Phala Network stands at 0.36, as last reported on the 7th of January, with the highest price reaching 0.37 and the lowest price hitting 0.36 during the day. Phala Network is abnormally risky given 3 months investment horizon. Phala Network maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies digital coin had a 0.17% return per unit of risk over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.0% are justified by taking the suggested risk. Use Phala Network Semi Deviation of 5.22, risk adjusted performance of 0.1402, and Coefficient Of Variation of 620.89 to evaluate coin specific risk that cannot be diversified away.
Phala Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Phala |
Sharpe Ratio = 0.1675
| Best Portfolio | Best Equity | |||
| Good Returns | PHA | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 17.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.0 actual daily | 59 59% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Phala Network is performing at about 13% 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 Phala Network by adding it to a well-diversified portfolio.
Phala Network Valuation on December 12, 2024
It is possible to determine the worth of Phala Network on a given historical date. On December 12, 2024 Phala was worth 0.18 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Phala Network crypto coin. Still, in general, we apply an absolute valuation method to find Phala 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 Phala Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Phala Network's related companies.
| Open | High | Low | Close | Volume | |
| 0.17 | 0.18 | 0.17 | 0.18 | 534,010 | |
12/12/2024 | 0.18 | 0.18 | 0.17 | 0.17 | 411,392 |
| 0.17 | 0.18 | 0.16 | 0.16 | 185,192 |
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Phala Network Trading Date Momentum on December 12, 2024
| On December 13 2024 Phala Network was traded for 0.16 at the closing time. The maximum traded price for the trading interval was 0.18 and the lowest daily price was 0.16 . The daily volume was recorded at 185.2 K. The volume of trading on 13th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.88% . The trading delta at closing time to the closing price today is 23.53% . |
About Phala Network Crypto Coin history
Phala 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 Phala is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Phala 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.
Phala Network Crypto Coin Technical Analysis
Phala 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
Phala Network Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Phala 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.
Phala Network January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Phala 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 Phala Network shares will generate the highest return on investment.
Phala Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Phala Network's price direction in advance. Along with the technical and fundamental analysis of Phala Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phala 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 | 0.1402 | |||
| Jensen Alpha | 2.77 | |||
| Total Risk Alpha | 2.54 | |||
| Sortino Ratio | 0.312 | |||
| Treynor Ratio | 0.8944 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phala 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 board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.