Stacks Price on December 4, 2024
| STX Crypto | USD 2.36 0.02 0.85% |
If you're considering investing in Stacks Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Stacks stands at 2.36, as last reported on the 13th of December 2024, with the highest price reaching 2.37 and the lowest price hitting 2.34 during the day. Stacks appears to be unusually risky, given 3 months investment horizon. Stacks owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates digital coin had a 0.15% return per unit of risk over the last 3 months. By inspecting Stacks' technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please review Stacks' Coefficient Of Variation of 825.28, semi deviation of 5.47, and Risk Adjusted Performance of 0.0968 to confirm if our risk estimates are consistent with your expectations.
Stacks Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Stacks |
Sharpe Ratio = 0.1455
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Estimated Market Risk
| 5.94 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Stacks is performing at about 11% 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 Stacks by adding it to a well-diversified portfolio.
Stacks Valuation on December 4, 2024
It is possible to determine the worth of Stacks on a given historical date. On December 4, 2024 Stacks was worth 2.7 at the beginning of the trading date compared to the closed value of 2.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stacks crypto coin. Still, in general, we apply an absolute valuation method to find Stacks' 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 Stacks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stacks' related companies.
| Open | High | Low | Close | Volume | |
| 2.51 | 2.74 | 2.48 | 2.70 | 19,769,684 | |
12/04/2024 | 2.70 | 3.02 | 2.51 | 2.75 | 28,799,492 |
| 2.75 | 2.83 | 2.62 | 2.74 | 8,665,573 |
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Stacks Trading Date Momentum on December 4, 2024
| On December 05 2024 Stacks was traded for 2.74 at the closing time. The maximum traded price for the trading interval was 2.83 and the lowest daily price was 2.62 . The daily volume was recorded at 8.7 M. The volume of trading on 5th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.36% . The trading price change to the closing price today is 14.91% . |
About Stacks Crypto Coin history
Stacks 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 Stacks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stacks 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.
Stacks Crypto Coin Technical Analysis
Stacks 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
Stacks Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Stacks 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.
Stacks December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Stacks 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 Stacks shares will generate the highest return on investment.
Stacks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stacks' price direction in advance. Along with the technical and fundamental analysis of Stacks Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stacks 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 | 0.0968 | |||
| Jensen Alpha | 0.6624 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.102 | |||
| Treynor Ratio | 1.63 |
| Cycle Indicators | ||
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stacks. 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.