Scroll Network Price on November 18, 2024
| SCROLL Crypto | USD 1.15 0.03 2.54% |
If you're considering investing in Scroll Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Scroll Network stands at 1.15, as last reported on the 11th of December 2024, with the highest price reaching 1.18 and the lowest price hitting 1.15 during the day. Scroll Network is abnormally risky given 3 months investment horizon. Scroll Network owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates digital coin had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 16.25% are justified by taking the suggested risk. Use Scroll Network Semi Deviation of 2.8, risk adjusted performance of 0.0868, and Coefficient Of Variation of 925.59 to evaluate coin specific risk that cannot be diversified away.
Scroll Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Scroll |
Sharpe Ratio = 0.13
| Best Portfolio | Best Equity | SCROLL | ||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 125.05 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
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Scroll Network is performing at about 10% 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 Scroll Network by adding it to a well-diversified portfolio.
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Scroll Network Valuation on November 18, 2024
It is possible to determine the worth of Scroll Network on a given historical date. On November 18, 2024 Scroll was worth 0.7 at the beginning of the trading date compared to the closed value of 0.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scroll Network crypto coin. Still, in general, we apply an absolute valuation method to find Scroll 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 Scroll Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scroll Network's related companies.
| Open | High | Low | Close | Volume | |
| 0.64 | 0.69 | 0.61 | 0.68 | 48,255 | |
11/18/2024 | 0.70 | 0.72 | 0.63 | 0.65 | 26,086 |
| 0.65 | 0.67 | 0.60 | 0.60 | 50,079 |
| Backtest Scroll Network | | | Scroll Network History | Previous | Next |
Scroll Network Trading Date Momentum on November 18, 2024
| On November 19 2024 Scroll Network was traded for 0.60 at the closing time. The highest price during the trading period was 0.67 and the lowest recorded bid was listed for 0.60 . The volume for the day was 50.1 K. This history from November 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 7.69% . The trading price change to the current price is 26.15% . |
About Scroll Network Crypto Coin history
Scroll 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 Scroll is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scroll 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.
Scroll Network Crypto Coin Technical Analysis
Scroll 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
Scroll Network Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Scroll Network December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Scroll 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 Scroll Network shares will generate the highest return on investment.
Scroll Network Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scroll Network's price direction in advance. Along with the technical and fundamental analysis of Scroll Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scroll 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 | 0.0868 | |||
| Jensen Alpha | 0.6879 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0876 | |||
| Treynor Ratio | (0.77) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| 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 Scroll 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 bureau of economic analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.