Magic Eden Price History
| ME Crypto | USD 3.35 0.02 0.59% |
If you're considering investing in Magic Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Magic Eden stands at 3.35, as last reported on the 6th of January, with the highest price reaching 3.52 and the lowest price hitting 3.28 during the day. Magic Eden is abnormally risky given 3 months investment horizon. Magic Eden has Sharpe Ratio of 0.12, which conveys that digital coin had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.01% are justified by taking the suggested risk. Use Magic Eden Risk Adjusted Performance of 0.1392, mean deviation of 3.2, and Downside Deviation of 5.33 to evaluate coin specific risk that cannot be diversified away.
Magic Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Magic |
Sharpe Ratio = 0.1193
| Best Portfolio | Best Equity | ME | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.84 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Magic Eden is performing at about 9% 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 Magic Eden by adding it to a well-diversified portfolio.
Magic Eden Crypto Coin Price History Chart
There are several ways to analyze Magic Eden price data. The simplest method is using a basic Magic candlestick price chart, which shows Magic Eden 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 Price | December 26, 2024 | 4.01 |
| Lowest Price | November 26, 2024 | 0.0 |
Magic Eden January 6, 2025 Crypto Coin Price Synopsis
Various analyses of Magic Eden's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Magic Crypto Coin. It can be used to describe the percentage change in the price of Magic Eden from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Magic Crypto Coin.| Magic Eden Price Daily Balance Of Power | (0.08) | |
| Magic Eden Price Rate Of Daily Change | 0.99 | |
| Magic Eden Price Action Indicator | (0.06) |
Magic Eden January 6, 2025 Crypto Coin Price Analysis
Magic Crypto Coin Price History Data
The price series of Magic Eden for the period between Tue, Oct 8, 2024 and Mon, Jan 6, 2025 has a statistical range of 4.01 with a coefficient of variation of 195.42. The daily prices for the period are spread out with arithmetic mean of 0.7. The median price for the last 90 days is 0.0.| Open | High | Low | Close | Volume | ||
01/06/2025 | 3.37 | 3.52 | 3.28 | 3.35 | ||
| 01/03/2025 | 3.37 | 3.52 | 3.28 | 3.35 | 769,058 | |
| 01/02/2025 | 3.24 | 3.40 | 3.11 | 3.37 | 1,541,086 | |
| 12/31/2024 | 3.10 | 3.20 | 2.94 | 3.17 | 913,474 | |
| 12/30/2024 | 3.18 | 3.22 | 3.00 | 3.10 | 1,186,228 | |
| 12/27/2024 | 4.01 | 4.06 | 3.46 | 3.49 | 2,770,859 | |
| 12/26/2024 | 3.93 | 4.27 | 3.65 | 4.01 | 8,330,243 | |
| 12/25/2024 | 3.46 | 4.14 | 3.32 | 3.93 | 5,445,269 | |
| 12/24/2024 | 3.18 | 3.67 | 3.14 | 3.46 | 2,705,151 | |
| 12/23/2024 | 3.11 | 3.21 | 2.93 | 3.18 | 722,494 | |
| 12/20/2024 | 3.49 | 3.69 | 3.07 | 3.13 | 3,065,979 | |
| 12/19/2024 | 2.76 | 3.57 | 2.72 | 3.49 | 161,406,800 | |
| 12/18/2024 | 2.80 | 2.96 | 2.59 | 2.77 | 2,287,270 | |
| 12/17/2024 | 3.04 | 3.19 | 2.67 | 2.80 | 2,437,923 | |
| 12/16/2024 | 3.28 | 3.34 | 2.98 | 3.04 | 30,641,289 | |
| 12/13/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/12/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/11/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/10/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/09/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/06/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/05/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/04/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/03/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 12/02/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 11/29/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 11/28/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 11/27/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 11/26/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
| 11/25/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/22/2024 | 0.001 | 0.001 | 0.001 | 0.001 | 1.00 | |
| 11/21/2024 | 0.001 | 0.001 | 0.001 | 0.001 | 1.00 | |
| 11/20/2024 | 0.0009 | 0.001 | 0.001 | 0.001 | 1.00 | |
| 11/19/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/18/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/15/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/14/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/13/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/12/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/11/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 | |
| 11/08/2024 | 0.0008 | 0.0008 | 0.0008 | 0.0008 | 1.00 | |
| 11/07/2024 | 0.0008 | 0.0008 | 0.0008 | 0.0008 | 1.00 | |
| 11/06/2024 | 0.0008 | 0.0008 | 0.0008 | 0.0008 | 1.00 | |
| 11/05/2024 | 0.0007 | 0.0008 | 0.0008 | 0.0008 | 1.00 | |
| 11/04/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 11/01/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/31/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/30/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/29/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/28/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/25/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/24/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/23/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/22/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/21/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/18/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/17/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/16/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/15/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/14/2024 | 0.0007 | 0.0007 | 0.0007 | 0.0007 | 1.00 | |
| 10/11/2024 | 0.0006 | 0.0006 | 0.0006 | 0.0006 | 1.00 |
About Magic Eden Crypto Coin history
Magic Eden 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 Magic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magic Eden 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.
Magic Eden Crypto Coin Technical Analysis
Magic Eden 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.
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Magic Eden Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magic Eden's price direction in advance. Along with the technical and fundamental analysis of Magic Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magic 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 | 0.1392 | |||
| Jensen Alpha | 0.8647 | |||
| Total Risk Alpha | 0.7917 | |||
| Sortino Ratio | 0.162 | |||
| Treynor Ratio | 1.03 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Eden. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.