Xai Price on October 23, 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, market risk adjusted performance of 0.5538, and Mean Deviation of 5.6 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.

Sharpe Ratio = 0.1375

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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 23, 2024

It is possible to determine the worth of Xai on a given historical date. On October 23, 2024 Xai was worth 0.21 at the beginning of the trading date compared to the closed value of 0.22. 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
  0.23    0.23    0.21    0.21    5,152  
10/23/2024
  0.21    0.22    0.21    0.22    160,733  
  0.22    0.22    0.18    0.19    357,057  
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Open Value
0.21
0.22
Closing Value
23.50
Upside

Xai Trading Date Momentum on October 23, 2024

On October 24 2024 Xai was traded for  0.19  at the closing time. The maximum traded price for the trading interval was 0.22  and the lowest daily price was  0.18 . The daily volume was recorded at 357.1 K. The volume of trading on 24th of October 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 13.64% . The trading price change to the closing price today is 22.73% .

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.
A focus of Xai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xai trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Xai Period Price Range

Low
December 11, 2024
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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.
When determining whether Xai offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Xai's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xai Crypto.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between Xai's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Xai value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Xai's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.