SCRT Price on August 21, 2024
| SCRT Crypto | USD 0.45 0.01 2.17% |
If you're considering investing in SCRT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SCRT stands at 0.45, as last reported on the 9th of January, with the highest price reaching 0.45 and the lowest price hitting 0.44 during the day. SCRT is abnormally risky given 3 months investment horizon. SCRT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates digital coin had a 0.15% return per unit of standard deviation over the last 3 months. We were able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.77% are justified by taking the suggested risk. Use SCRT Downside Deviation of 7.52, risk adjusted performance of 0.1371, and Market Risk Adjusted Performance of 2.51 to evaluate coin specific risk that cannot be diversified away.
SCRT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
SCRT |
Sharpe Ratio = 0.1526
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Estimated Market Risk
| 11.59 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.77 actual daily | 35 65% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average SCRT is performing at about 12% 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 SCRT by adding it to a well-diversified portfolio.
SCRT Main Headline on 21st of August 2024
Kamala Harris Supports Policies to Expand Crypto Industry, A... by news.google.com
Kamala Harris Supports Policies to Expand Crypto Industry, Aide Says BloombergKamala Harris Signals Interest in Friendlier Stance on Crypto Bloomberg CoinDeskHarris aide suggests VP will support policies for crypto industry growth Cointelegraph
SCRT Valuation on August 21, 2024
It is possible to determine the worth of SCRT on a given historical date. On August 21, 2024 SCRT was worth 0.21 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SCRT crypto coin. Still, in general, we apply an absolute valuation method to find SCRT'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 SCRT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SCRT's related companies.
| Open | High | Low | Close | Volume | |
| 0.20 | 0.21 | 0.20 | 0.21 | 90,568 | |
08/21/2024 | 0.21 | 0.22 | 0.21 | 0.22 | 56,888 |
| 0.22 | 0.23 | 0.22 | 0.23 | 85,973 |
| Backtest SCRT | | | SCRT History | Previous | Next |
SCRT Trading Date Momentum on August 21, 2024
| On August 22 2024 SCRT 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 0.22 . The volume for the day was 86 K. This history from August 22, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 4.55% . The trading price change to the current price is 4.55% . |
About SCRT Crypto Coin history
SCRT 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 SCRT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SCRT 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.
SCRT Crypto Coin Technical Analysis
SCRT 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
SCRT Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
SCRT 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.
SCRT January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how SCRT 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 SCRT shares will generate the highest return on investment.
SCRT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SCRT's price direction in advance. Along with the technical and fundamental analysis of SCRT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SCRT 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 | 0.1371 | |||
| Jensen Alpha | 1.79 | |||
| Total Risk Alpha | 1.79 | |||
| Sortino Ratio | 0.2375 | |||
| Treynor Ratio | 2.5 |
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| Statistic Functions | ||
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SCRT. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.