Ronin Price on September 11, 2024
| RONIN Crypto | USD 2.20 0.17 8.37% |
If you're considering investing in Ronin Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Ronin stands at 2.20, as last reported on the 1st of December, with the highest price reaching 2.28 and the lowest price hitting 2.00 during the day. Ronin appears to be very risky, given 3 months investment horizon. Ronin maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies digital coin had a 0.14% return per unit of risk over the last 3 months. By analyzing Ronin's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please evaluate Ronin's Coefficient Of Variation of 934.1, risk adjusted performance of 0.0903, and Semi Deviation of 4.31 to confirm if our risk estimates are consistent with your expectations.
Ronin Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Ronin |
Sharpe Ratio = 0.1424
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.91 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ronin is performing at about 11% 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 Ronin by adding it to a well-diversified portfolio.
Ronin Valuation on September 11, 2024
It is possible to determine the worth of Ronin on a given historical date. On September 11, 2024 Ronin was worth 1.5 at the beginning of the trading date compared to the closed value of 1.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ronin crypto coin. Still, in general, we apply an absolute valuation method to find Ronin'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 Ronin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ronin's related companies.
| Open | High | Low | Close | Volume | |
| 1.53 | 1.54 | 1.48 | 1.50 | 51,512 | |
09/11/2024 | 1.50 | 1.55 | 1.50 | 1.54 | 25,296 |
| 1.54 | 1.60 | 1.52 | 1.59 | 32,104 |
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Ronin Trading Date Momentum on September 11, 2024
| On September 12 2024 Ronin was traded for 1.59 at the closing time. The highest price during the trading period was 1.60 and the lowest recorded bid was listed for 1.52 . The volume for the day was 32.1 K. This history from September 12, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 3.25% . The trading delta at closing time to the current price is 12.99% . |
About Ronin Crypto Coin history
Ronin 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 Ronin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ronin 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.
Ronin Crypto Coin Technical Analysis
Ronin 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
Ronin Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Ronin 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.
Ronin December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Ronin 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 Ronin shares will generate the highest return on investment.
Ronin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ronin's price direction in advance. Along with the technical and fundamental analysis of Ronin Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ronin 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 | 0.0903 | |||
| Jensen Alpha | 0.4704 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.086 | |||
| Treynor Ratio | 1.06 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ronin. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.