WhiteBIT Token Price on November 21, 2024
| WBT Crypto | USD 23.67 0.03 0.13% |
If you're considering investing in WhiteBIT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of WhiteBIT Token stands at 23.67, as last reported on the 28th of November, with the highest price reaching 23.75 and the lowest price hitting 23.56 during the day. WhiteBIT Token is very risky given 3 months investment horizon. WhiteBIT Token shows Sharpe Ratio of 0.3, which attests that digital coin had a 0.3% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.27% are justified by taking the suggested risk. Use WhiteBIT Token Coefficient Of Variation of 334.56, mean deviation of 2.01, and Market Risk Adjusted Performance of (23.86) to evaluate coin specific risk that cannot be diversified away.
WhiteBIT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
WhiteBIT |
Sharpe Ratio = 0.3001
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WBT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| 1.27 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average WhiteBIT Token is performing at about 23% 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 WhiteBIT Token by adding it to a well-diversified portfolio.
Related Headline
EigenLayer Headline on 21st of November 2024
Crypto eyes next SEC chair - Axios by news.google.com Crypto eyes next SEC chair Axios |
WhiteBIT Token Valuation on November 21, 2024
It is possible to determine the worth of WhiteBIT Token on a given historical date. On November 21, 2024 WhiteBIT was worth 24.73 at the beginning of the trading date compared to the closed value of 24.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WhiteBIT Token crypto coin. Still, in general, we apply an absolute valuation method to find WhiteBIT Token'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 WhiteBIT Token where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WhiteBIT Token's related companies.
| Open | High | Low | Close | Volume | |
| 23.95 | 25.26 | 24.27 | 24.73 | 2,851,699 | |
11/21/2024 | 24.73 | 25.11 | 24.52 | 24.67 | 2,491,266 |
| 24.67 | 24.69 | 24.33 | 24.63 | 76,006 |
| Backtest WhiteBIT Token | | | WhiteBIT Token History | Previous | Next |
WhiteBIT Token Trading Date Momentum on November 21, 2024
| On November 22 2024 WhiteBIT Token was traded for 24.63 at the closing time. The maximum traded price for the trading interval was 24.69 and the lowest daily price was 24.33 . The daily volume was recorded at 76 K. The volume of trading on 22nd of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.16% . The trading price change to the closing price today is 4.18% . |
About WhiteBIT Token Crypto Coin history
WhiteBIT Token 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 WhiteBIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WhiteBIT Token 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.
WhiteBIT Token Crypto Coin Technical Analysis
WhiteBIT Token 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
WhiteBIT Token Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
WhiteBIT Token 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.
WhiteBIT Token November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how WhiteBIT Token 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 WhiteBIT Token shares will generate the highest return on investment.
WhiteBIT Token Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WhiteBIT Token's price direction in advance. Along with the technical and fundamental analysis of WhiteBIT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of WhiteBIT 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 | 0.2372 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | 0.6157 | |||
| Sortino Ratio | 0.9055 | |||
| Treynor Ratio | (23.87) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteBIT Token. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.