PIVX Price on September 23, 2024
PIVX Crypto | USD 0.26 0.01 4.00% |
If you're considering investing in PIVX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of PIVX stands at 0.26, as last reported on the 28th of November, with the highest price reaching 0.26 and the lowest price hitting 0.26 during the day. PIVX appears to be very risky, given 3 months investment horizon. PIVX maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies digital coin had a 0.11% return per unit of standard deviation over the last 3 months. By inspecting PIVX's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate PIVX's Risk Adjusted Performance of 0.0925, semi deviation of 3.23, and Market Risk Adjusted Performance of 0.6939 to confirm if our risk estimates are consistent with your expectations.
PIVX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
PIVX |
Sharpe Ratio = 0.1118
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average PIVX is performing at about 8% 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 PIVX by adding it to a well-diversified portfolio.
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PIVX Valuation on September 23, 2024
It is possible to determine the worth of PIVX on a given historical date. On September 23, 2024 PIVX was worth 0.22 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PIVX crypto coin. Still, in general, we apply an absolute valuation method to find PIVX'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 PIVX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PIVX's related companies.
Open | High | Low | Close | Volume | |
0.23 | 0.23 | 0.23 | 0.23 | 3,393 | |
09/23/2024 | 0.22 | 0.23 | 0.23 | 0.23 | 122,767 |
0.23 | 0.23 | 0.23 | 0.23 | 1,575 |
Backtest PIVX | | | PIVX History | Previous | Next |
PIVX Trading Date Momentum on September 23, 2024
On September 24 2024 PIVX was traded for 0.23 at the closing time. The highest price during the trading period was 0.23 and the lowest recorded bid was listed for 0.23 . The volume for the day was 1.6 K. This history from September 24, 2024 did not cause price change. The trading delta at closing time to the current price is 21.74% . |
About PIVX Crypto Coin history
PIVX 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 PIVX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PIVX 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.
PIVX Crypto Coin Technical Analysis
PIVX 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
PIVX Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
PIVX 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.
PIVX November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how PIVX 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 PIVX shares will generate the highest return on investment.
PIVX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PIVX's price direction in advance. Along with the technical and fundamental analysis of PIVX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of PIVX 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 | 0.0925 | |||
Jensen Alpha | 0.4069 | |||
Total Risk Alpha | (0.20) | |||
Sortino Ratio | 0.0617 | |||
Treynor Ratio | 0.6839 |
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 PIVX. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.