SLS Price on November 8, 2024
| SLS Crypto | USD 11.96 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 11.96, as last reported on the 4th of December, with the highest price reaching 12.01 and the lowest price hitting 11.95 during the day. SLS appears to be very volatile, given 3 months investment horizon. SLS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates digital coin had a 0.29% 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 0.94% is justified by implied risk. Please review SLS's coefficient of variation of 409.37, and Risk Adjusted Performance of 0.1941 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.
SLS |
Sharpe Ratio = 0.2868
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Estimated Market Risk
| 3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average SLS is performing at about 22% 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 November 8, 2024
It is possible to determine the worth of SLS on a given historical date. On November 8, 2024 SLS was worth 9.57 at the beginning of the trading date compared to the closed value of 9.59. 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 | |
| 9.49 | 9.57 | 9.57 | 9.57 | 1.00 | |
11/08/2024 | 9.57 | 9.59 | 9.59 | 9.59 | 1.00 |
| 11.09 | 11.01 | 11.01 | 11.01 | 1.00 |
| Backtest SLS | | | SLS History | Previous | Next |
SLS Trading Date Momentum on November 8, 2024
| On November 11 2024 SLS was traded for 11.01 at the closing time. The maximum traded price for the trading interval was 11.01 and the lowest daily price was 11.01 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of November 2024 played a part in the next trading day price growth. The trading price change to the next closing price was 14.81% . The trading price change to the closing price today is 17.94% . |
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.
Price Boundaries
SLS Period Price Range
Low | December 4, 2024
| 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 4, 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.
| Risk Adjusted Performance | 0.1941 | |||
| Jensen Alpha | 0.7807 | |||
| Total Risk Alpha | 0.3528 | |||
| Sortino Ratio | 0.2665 | |||
| Treynor Ratio | 3.52 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.