ULTRA Price on July 26, 2024
| ULTRA Crypto | USD 0.10 0 2.67% |
If you're considering investing in ULTRA Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of ULTRA stands at 0.10, as last reported on the 1st of December, with the highest price reaching 0.10 and the lowest price hitting 0.1 during the day. ULTRA appears to be very risky, given 3 months investment horizon. ULTRA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0692, which indicates digital coin had a 0.0692% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for ULTRA, which you can use to evaluate the volatility of coin. Please review ULTRA's coefficient of variation of 1542.88, and Risk Adjusted Performance of 0.0579 to confirm if our risk estimates are consistent with your expectations.
ULTRA Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
ULTRA |
Sharpe Ratio = 0.0692
| Best Portfolio | Best Equity | |||
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| Small Returns | ULTRA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average ULTRA is performing at about 5% 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 ULTRA by adding it to a well-diversified portfolio.
ULTRA Valuation on July 26, 2024
It is possible to determine the worth of ULTRA on a given historical date. On July 26, 2024 ULTRA was worth 0.1 at the beginning of the trading date compared to the closed value of 0.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ULTRA crypto coin. Still, in general, we apply an absolute valuation method to find ULTRA'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 ULTRA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ULTRA's related companies.
| Open | High | Low | Close | Volume | |
| 0.1 | 0.10 | 0.09 | 0.10 | 9,220 | |
07/26/2024 | 0.10 | 0.10 | 0.10 | 0.10 | 19,598 |
| 0.10 | 0.10 | 0.09 | 0.1 | 42,728 |
| Backtest ULTRA | | | ULTRA History | Previous | Next |
ULTRA Trading Date Momentum on July 26, 2024
| On July 29 2024 ULTRA was traded for 0.1 at the closing time. The highest price during the trading period was 0.10 and the lowest recorded bid was listed for 0.09 . The volume for the day was 42.7 K. This history from July 29, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 4.50% . The trading price change to the current price is 25.20% . |
About ULTRA Crypto Coin history
ULTRA 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 ULTRA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ULTRA 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.
ULTRA Crypto Coin Technical Analysis
ULTRA 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
ULTRA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
ULTRA 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.
ULTRA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how ULTRA 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 ULTRA shares will generate the highest return on investment.
ULTRA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ULTRA's price direction in advance. Along with the technical and fundamental analysis of ULTRA Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of ULTRA 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 | 0.0579 | |||
| Jensen Alpha | 0.2891 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | 3.54 |
| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ULTRA. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.