SLS Price on October 1, 2024

SLS Crypto  USD 12.11  0.03  0.25%   
If you're considering investing in SLS Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of SLS stands at 12.11, as last reported on the 11th of December 2024, with the highest price reaching 12.11 and the lowest price hitting 12.07 during the day. SLS appears to be very volatile, given 3 months investment horizon. SLS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates digital coin had a 0.24% return per unit of standard deviation over the last 3 months. By evaluating SLS's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please review SLS's coefficient of variation of 382.04, and Risk Adjusted Performance of 0.1968 to confirm if our risk estimates are consistent with your expectations.
  
SLS Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2415

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Estimated Market Risk

 3.26
  actual daily
29
71% of assets are more volatile

Expected Return

 0.79
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
19
81% of assets perform better
Based on monthly moving average SLS is performing at about 19% 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 SLS by adding it to a well-diversified portfolio.

SLS Valuation on October 1, 2024

It is possible to determine the worth of SLS on a given historical date. On October 1, 2024 SLS was worth 7.6 at the beginning of the trading date compared to the closed value of 7.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SLS crypto coin. Still, in general, we apply an absolute valuation method to find SLS'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 SLS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SLS's related companies.
 Open High Low Close Volume
  7.91    7.60    7.60    7.60    1.00  
10/01/2024
  7.60    7.58    7.58    7.58    1.00  
  7.58    7.59    7.59    7.59    1.00  
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Open Value
7.6
7.58
Closing Value
17.38
Upside

SLS Trading Date Momentum on October 1, 2024

On October 02 2024 SLS was traded for  7.59  at the closing time. The maximum traded price for the trading interval was 7.59  and the lowest daily price was  7.59 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of October 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 0.13% . The trading price change to the closing price today is 3.17% .

About SLS Crypto Coin history

SLS 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 SLS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SLS 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.

SLS Crypto Coin Technical Analysis

SLS 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.
A focus of SLS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SLS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SLS Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SLS 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.

SLS December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how SLS 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 SLS shares will generate the highest return on investment.

SLS Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SLS's price direction in advance. Along with the technical and fundamental analysis of SLS Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of SLS 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.
When determining whether SLS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SLS's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sls Crypto.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLS. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between SLS's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine SLS value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, SLS's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.