GMX Price History

GMX Crypto  USD 31.70  1.34  4.41%   
If you're considering investing in GMX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of GMX stands at 31.70, as last reported on the 1st of December, with the highest price reaching 32.03 and the lowest price hitting 30.18 during the day. GMX appears to be extremely risky, given 3 months investment horizon. GMX holds Efficiency (Sharpe) Ratio of 0.0962, which attests that digital coin had a 0.0962% return per unit of volatility over the last 3 months. We have found thirty technical indicators for GMX, which you can use to evaluate the volatility of coin. Please utilize GMX's market risk adjusted performance of 1.38, and Risk Adjusted Performance of 0.0793 to validate if our risk estimates are consistent with your expectations.
  
GMX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0962

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Estimated Market Risk

 5.04
  actual daily
44
56% of assets are more volatile

Expected Return

 0.49
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average GMX is performing at about 7% 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 GMX by adding it to a well-diversified portfolio.

GMX Crypto Coin Price History Chart

There are several ways to analyze GMX price data. The simplest method is using a basic GMX candlestick price chart, which shows GMX price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 29, 202431.7
Lowest PriceOctober 9, 202420.46

GMX December 1, 2024 Crypto Coin Price Synopsis

Various analyses of GMX's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell GMX Crypto Coin. It can be used to describe the percentage change in the price of GMX from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of GMX Crypto Coin.
GMX Price Rate Of Daily Change 1.04 
GMX Price Action Indicator 1.26 
GMX Price Daily Balance Of Power 0.72 

GMX December 1, 2024 Crypto Coin Price Analysis

When benchmark price declines in a down market, there may be an uptick in GMX price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use GMX intraday prices and daily technical indicators to check the level of noise trading in GMX and then apply it to test your longer-term investment strategies against GMX.

GMX Crypto Coin Price History Data

The price series of GMX for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 11.24 with a coefficient of variation of 12.11. Under current investment horizon, the daily prices are spread out with arithmetic mean of 24.68. The median price for the last 90 days is 24.33.
OpenHighLowCloseVolume
12/01/2024
 30.36  32.03  30.18  31.70 
11/29/2024 30.36  32.03  30.18  31.70  73,091 
11/28/2024 29.14  30.40  28.64  30.36  56,662 
11/27/2024 30.03  30.71  27.87  29.14  71,275 
11/26/2024 30.99  33.31  28.73  30.03  108,502 
11/25/2024 32.12  32.67  29.75  30.99  31,327 
11/22/2024 30.14  32.43  29.91  31.37  43,715 
11/21/2024 30.00  30.14  28.09  30.14  56,943 
11/20/2024 27.70  30.89  27.00  30.00  69,923 
11/19/2024 28.12  28.89  27.13  27.70  49,263 
11/18/2024 29.52  29.52  27.45  28.12  67,336 
11/15/2024 27.43  28.72  27.34  28.18  66,713 
11/14/2024 26.63  27.78  26.41  27.43  68,236 
11/13/2024 27.85  28.45  26.48  26.63  28,520 
11/12/2024 27.00  30.42  24.97  27.85  78,747 
11/11/2024 28.19  28.92  25.45  27.00  83,132 
11/08/2024 24.81  27.59  24.79  27.37  27,465 
11/07/2024 24.48  25.24  24.26  24.81  19,255 
11/06/2024 23.47  24.94  23.34  24.48  33,087 
11/05/2024 20.80  23.66  20.74  23.47  28,319 
11/04/2024 20.03  21.00  19.93  20.80  23,660 
11/01/2024 21.49  21.80  21.24  21.36  10,203 
10/31/2024 23.11  23.11  21.41  21.49  34,800 
10/30/2024 24.20  24.35  22.77  23.11  18,353 
10/29/2024 24.44  24.88  23.99  24.20  36,358 
10/28/2024 23.52  25.06  23.25  24.44  67,200 
10/25/2024 20.88  21.38  20.74  21.04  5,456 
10/24/2024 22.74  22.85  20.76  20.88  9,364 
10/23/2024 22.09  22.82  21.92  22.74  5,084 
10/22/2024 23.25  23.32  21.38  22.09  18,510 
10/21/2024 23.46  23.62  22.77  23.25  7,428 
10/18/2024 23.47  23.65  22.95  23.25  10,239 
10/17/2024 22.77  23.69  22.69  23.47  11,321 
10/16/2024 23.14  23.35  22.40  22.77  18,959 
10/15/2024 23.53  23.62  22.67  23.14  7,217 
10/14/2024 23.12  23.71  22.40  23.53  25,049 
10/11/2024 21.49  21.89  21.38  21.46  9,459 
10/10/2024 20.46  21.76  20.39  21.49  6,932 
10/09/2024 20.61  21.30  20.14  20.46  21,310 
10/08/2024 21.49  21.82  20.56  20.61  9,693 
10/07/2024 21.72  22.05  21.35  21.49  13,355 
10/04/2024 21.71  21.88  20.82  21.26  10,491 
10/03/2024 20.66  21.91  20.66  21.71  21,822 
10/02/2024 21.35  21.79  20.25  20.66  31,420 
10/01/2024 22.15  22.75  20.93  21.35  29,511 
09/30/2024 24.25  24.01  21.58  22.07  32,173 
09/27/2024 26.65  26.98  25.74  26.33  10,368 
09/26/2024 26.01  26.96  25.78  26.65  18,196 
09/25/2024 25.01  26.38  24.81  26.01  40,610 
09/24/2024 25.68  26.20  24.94  25.01  37,530 
09/23/2024 24.99  25.90  24.58  25.68  15,285 
09/20/2024 25.21  26.03  24.75  26.00  7,097 
09/19/2024 24.49  25.60  24.53  25.22  22,027 
09/18/2024 23.65  25.11  23.09  24.52  41,373 
09/17/2024 22.86  23.68  22.28  23.65  28,826 
09/16/2024 22.38  23.54  22.11  22.86  10,332 
09/13/2024 24.77  24.82  23.81  24.11  10,062 
09/12/2024 24.35  24.91  23.65  24.77  10,383 
09/11/2024 23.56  24.37  23.56  24.35  25,587 
09/10/2024 24.33  24.34  22.97  23.56  21,197 
09/09/2024 24.14  24.52  23.80  24.33  12,971 

About GMX Crypto Coin history

GMX 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 GMX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GMX 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.

GMX Crypto Coin Technical Analysis

GMX 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 GMX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GMX 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...

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Fundamental Analysis

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GMX Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GMX's price direction in advance. Along with the technical and fundamental analysis of GMX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of GMX 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 GMX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GMX'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 Gmx Crypto.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMX. 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 Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between GMX's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine GMX 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, GMX's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.