STRAX Price on December 5, 2024
| STRAX Crypto | USD 0.04 0.0006 1.37% |
If you're considering investing in STRAX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of STRAX stands at 0.04, as last reported on the 20th of March, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. STRAX 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. STRAX exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STRAX's variance of 52.66, and Risk Adjusted Performance of (0.0008) to confirm the risk estimate we provide.
STRAX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
STRAX |
Sharpe Ratio = -0.1533
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | STRAX |
Estimated Market Risk
| 6.05 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.93 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STRAX is not performing at its full potential. However, 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 STRAX by adding STRAX to a well-diversified portfolio.
STRAX Valuation on December 5, 2024
It is possible to determine the worth of STRAX on a given historical date. On December 5, 2024 STRAX was worth 0.0796 at the beginning of the trading date compared to the closed value of 0.0809. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STRAX crypto coin. Still, in general, we apply an absolute valuation method to find STRAX'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 STRAX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STRAX's related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.09 | 0.07 | 0.08 | 1,482,414 | |
12/05/2024 | 0.08 | 0.08 | 0.08 | 0.08 | 655,632 |
| 0.08 | 0.08 | 0.08 | 0.08 | 767,018 |
| Backtest STRAX | | | STRAX History | Previous | Next |
STRAX Trading Date Momentum on December 5, 2024
| On December 06 2024 STRAX was traded for 0.08 at the closing time. The highest price during the trading period was 0.08 and the lowest recorded bid was listed for 0.08 . The volume for the day was 767 K. This history from December 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.24% . The trading price change to the current price is 20.02% . |
About STRAX Crypto Coin history
STRAX 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 STRAX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in STRAX 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.
STRAX Crypto Coin Technical Analysis
STRAX 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
STRAX Period Price Range
Low | March 20, 2025
| High |
0.00 | 0.00 |
STRAX 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.
STRAX March 20, 2025 Market Strength
Market strength indicators help investors to evaluate how STRAX 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 STRAX shares will generate the highest return on investment.
STRAX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for STRAX's price direction in advance. Along with the technical and fundamental analysis of STRAX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of STRAX 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 | (0.0008) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.5246 | |||
| Treynor Ratio | (0.09) |
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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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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 STRAX. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.