Xai Price on October 8, 2024
| XAI Crypto | USD 0.34 0.03 9.68% |
If you're considering investing in Xai Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Xai stands at 0.34, as last reported on the 11th of December 2024, with the highest price reaching 0.34 and the lowest price hitting 0.34 during the day. Xai is unreasonably risky given 3 months investment horizon. Xai shows Sharpe Ratio of 0.14, which attests that digital coin had a 0.14% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Xai Downside Deviation of 9.27, mean deviation of 5.6, and Market Risk Adjusted Performance of 0.5538 to evaluate coin specific risk that cannot be diversified away.
Xai Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Xai |
Sharpe Ratio = 0.1375
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | XAI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.76 actual daily | 69 69% of assets are less volatile |
Expected Return
| 1.07 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Xai is performing at about 10% 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 Xai by adding it to a well-diversified portfolio.
Xai Valuation on October 8, 2024
It is possible to determine the worth of Xai on a given historical date. On October 8, 2024 Xai was worth 0.2 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xai crypto coin. Still, in general, we apply an absolute valuation method to find Xai'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 Xai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xai's related companies.
| Open | High | Low | Close | Volume | |
| 0.21 | 0.21 | 0.20 | 0.20 | 72,886 | |
10/08/2024 | 0.20 | 0.20 | 0.19 | 0.19 | 73,164 |
| 0.19 | 0.19 | 0.19 | 0.19 | 28.62 |
| Backtest Xai | | | Xai History | Previous | Next |
Xai Trading Date Momentum on October 8, 2024
| On October 09 2024 Xai was traded for 0.19 at the closing time. The maximum traded price for the trading interval was 0.19 and the lowest daily price was 0.19 . The daily volume was recorded at 28.621. The volume of trading on 9th of October 2024 had no short-term effect on price fluctuation. The trading price change to the closing price today is 10.53% . |
About Xai Crypto Coin history
Xai 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 Xai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xai 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.
Xai Crypto Coin Technical Analysis
Xai 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
Xai Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Xai 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.
Xai December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Xai 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 Xai shares will generate the highest return on investment.
Xai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xai's price direction in advance. Along with the technical and fundamental analysis of Xai Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xai 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 | 0.1145 | |||
| Jensen Alpha | 0.8757 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1073 | |||
| Treynor Ratio | 0.5438 |
| 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 Xai. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.