Raydium Price on November 6, 2024
| RAY Crypto | USD 5.54 0.01 0.18% |
If you're considering investing in Raydium Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Raydium stands at 5.54, as last reported on the 28th of November, with the highest price reaching 5.54 and the lowest price hitting 5.50 during the day. Raydium is exceptionally volatile given 3 months investment horizon. Raydium maintains Sharpe Ratio (i.e., Efficiency) of 0.29, which implies digital coin had a 0.29% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.35% are justified by taking the suggested risk. Use Raydium Risk Adjusted Performance of 0.217, coefficient of variation of 368.58, and Semi Deviation of 4.82 to evaluate coin specific risk that cannot be diversified away.
Raydium Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Raydium |
Sharpe Ratio = 0.2866
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Estimated Market Risk
| 8.21 actual daily | 73 73% of assets are less volatile |
Expected Return
| 2.35 actual daily | 46 54% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Raydium is performing at about 22% 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 Raydium by adding it to a well-diversified portfolio.
Raydium Valuation on November 6, 2024
It is possible to determine the worth of Raydium on a given historical date. On November 6, 2024 Raydium was worth 4.31 at the beginning of the trading date compared to the closed value of 4.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raydium crypto coin. Still, in general, we apply an absolute valuation method to find Raydium'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 Raydium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raydium's related companies.
| Open | High | Low | Close | Volume | |
| 3.23 | 4.43 | 3.19 | 4.31 | 609,756 | |
11/06/2024 | 4.31 | 5.10 | 4.15 | 4.63 | 897,809 |
| 4.67 | 5.21 | 4.63 | 4.97 | 1,045,046 |
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Raydium Trading Date Momentum on November 6, 2024
| On November 07 2024 Raydium was traded for 4.97 at the closing time. The maximum traded price for the trading interval was 5.21 and the lowest daily price was 4.63 . The daily volume was recorded at 1 M. The volume of trading on 7th of November 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 7.34% . The trading delta at closing time to the closing price today is 22.25% . |
About Raydium Crypto Coin history
Raydium 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 Raydium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Raydium 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.
Raydium Crypto Coin Technical Analysis
Raydium 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
Raydium Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Raydium 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.
Raydium November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Raydium 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 Raydium shares will generate the highest return on investment.
Raydium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Raydium's price direction in advance. Along with the technical and fundamental analysis of Raydium Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Raydium 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 | 0.217 | |||
| Jensen Alpha | 2.19 | |||
| Total Risk Alpha | 0.9714 | |||
| Sortino Ratio | 0.3234 | |||
| Treynor Ratio | 53.67 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raydium. 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.