TRON Price on December 16, 2024
| TRX Crypto | USD 0.25 0.01 3.85% |
If you're considering investing in TRON Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of TRON stands at 0.25, as last reported on the 26th of December, with the highest price reaching 0.25 and the lowest price hitting 0.25 during the day. TRON is abnormally risky given 3 months investment horizon. TRON owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates digital coin had a 0.1% return per unit of standard deviation over the last 3 months. We have analyzed and interpolated twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.53% are justified by taking the suggested risk. Use TRON risk adjusted performance of 0.0832, and Coefficient Of Variation of 1076.37 to evaluate coin specific risk that cannot be diversified away.
TRON Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
TRON |
Sharpe Ratio = 0.1001
| Best Portfolio | Best Equity | |||
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| Average Returns | TRX | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 15.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.53 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average TRON is performing at about 7% 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 TRON by adding it to a well-diversified portfolio.
TRON Valuation on December 16, 2024
It is possible to determine the worth of TRON on a given historical date. On December 16, 2024 TRON was worth 0.3 at the beginning of the trading date compared to the closed value of 0.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TRON crypto coin. Still, in general, we apply an absolute valuation method to find TRON'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 TRON where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TRON's related companies.
| Open | High | Low | Close | Volume | |
| 0.29 | 0.30 | 0.28 | 0.28 | 81,240,544 | |
12/16/2024 | 0.30 | 0.30 | 0.28 | 0.28 | 128,124,451 |
| 0.28 | 0.28 | 0.26 | 0.26 | 131,245,841 |
| Backtest TRON | | | TRON History | Previous | Next |
TRON Trading Date Momentum on December 16, 2024
| On December 17 2024 TRON was traded for 0.26 at the closing time. The maximum traded price for the trading interval was 0.28 and the lowest daily price was 0.26 . The daily volume was recorded at 131.2 M. The volume of trading on 17th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 7.14% . The trading price change to the closing price today is 10.71% . |
About TRON Crypto Coin history
TRON 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 TRON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TRON 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.
TRON Crypto Coin Technical Analysis
TRON 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
TRON Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
TRON 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.
TRON December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how TRON 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 TRON shares will generate the highest return on investment.
TRON Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TRON's price direction in advance. Along with the technical and fundamental analysis of TRON Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of TRON 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 | 0.0832 | |||
| Jensen Alpha | 1.42 | |||
| Total Risk Alpha | 0.5742 | |||
| Sortino Ratio | 0.1534 | |||
| Treynor Ratio | (3.47) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TRON. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.