SALT Price on June 28, 2024
| SALT Crypto | USD 0 0 45.10% |
If you're considering investing in SALT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SALT stands at 0, as last reported on the 1st of December, with the highest price reaching 0.01 and the lowest price hitting 0 during the day. SALT is abnormally risky given 3 months investment horizon. SALT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates digital coin had a 0.15% return per unit of volatility over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 8.27% are justified by taking the suggested risk. Use SALT Risk Adjusted Performance of 0.1118, market risk adjusted performance of (1.02), and Downside Deviation of 29.84 to evaluate coin specific risk that cannot be diversified away.
SALT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
SALT |
Sharpe Ratio = 0.1454
| Best Portfolio | Best Equity | SALT | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 56.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average SALT 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 SALT by adding it to a well-diversified portfolio.
SALT Main Headline on 28th of June 2024
Bitcoin dips to 60,000 as the cryptocurrency heads for losin... by news.google.com
Bitcoin dips to 60,000 as the cryptocurrency heads for losing month CNBC
SALT Valuation on June 28, 2024
It is possible to determine the worth of SALT on a given historical date. On June 28, 2024 SALT was worth 0.0175 at the beginning of the trading date compared to the closed value of 0.0177. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SALT crypto coin. Still, in general, we apply an absolute valuation method to find SALT'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 SALT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SALT's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 20,919 | |
06/28/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 256.59 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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SALT Trading Date Momentum on June 28, 2024
| On July 01 2024 SALT was traded for 0.02 at the closing time. The highest price during the trading period was 0.02 and the lowest recorded bid was listed for 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on July 1, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 1.69% . The trading price change to the current price is 34.46% . |
About SALT Crypto Coin history
SALT 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 SALT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SALT 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.
SALT Crypto Coin Technical Analysis
SALT 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
SALT Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
SALT 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.
SALT December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how SALT 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 SALT shares will generate the highest return on investment.
SALT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SALT's price direction in advance. Along with the technical and fundamental analysis of SALT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SALT 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 | 0.1118 | |||
| Jensen Alpha | 8.56 | |||
| Total Risk Alpha | (1.93) | |||
| Sortino Ratio | 0.2511 | |||
| Treynor Ratio | (1.03) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SALT. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.