WTC Price on October 23, 2024
WTC Crypto | USD 0.02 0.09 79.09% |
If you're considering investing in WTC Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of WTC stands at 0.02, as last reported on the 3rd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. WTC retains Efficiency (Sharpe Ratio) of -0.12, which attests that digital coin had a -0.12% return per unit of volatility over the last 3 months. WTC exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WTC's Information Ratio of (0.14), market risk adjusted performance of (1.40), and Mean Deviation of 2.36 to validate the risk estimate we provide.
WTC Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
WTC |
Sharpe Ratio = -0.124
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Negative Returns | WTC |
Estimated Market Risk
9.81 actual daily | 87 87% of assets are less volatile |
Expected Return
-1.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WTC 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 WTC by adding WTC to a well-diversified portfolio.
WTC Valuation on October 23, 2024
It is possible to determine the worth of WTC on a given historical date. On October 23, 2024 WTC was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WTC crypto coin. Still, in general, we apply an absolute valuation method to find WTC'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 WTC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WTC's related companies.
Open | High | Low | Close | Volume | |
0.11 | 0.11 | 0.11 | 0.11 | 1.00 | |
10/23/2024 | 0.11 | 0.11 | 0.11 | 0.11 | 1.00 |
0.11 | 0.11 | 0.11 | 0.11 | 1.00 |
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WTC Trading Date Momentum on October 23, 2024
On October 24 2024 WTC was traded for 0.11 at the closing time. The maximum traded price for the trading interval was 0.11 and the lowest daily price was 0.11 . There was no trading activity during the period 1.0. Lack of trading volume on 24th of October 2024 had no short-term effect on price fluctuation. The trading price change to the closing price today is 0.00% . |
About WTC Crypto Coin history
WTC 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 WTC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WTC 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.
WTC Crypto Coin Technical Analysis
WTC 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
WTC Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
WTC 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.
WTC December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how WTC 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 WTC shares will generate the highest return on investment.
WTC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WTC's price direction in advance. Along with the technical and fundamental analysis of WTC Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of WTC 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 | (0.08) | |||
Jensen Alpha | (1.31) | |||
Total Risk Alpha | (2.66) | |||
Treynor Ratio | (1.41) |
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Pattern Recognition | ||
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WTC. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.