Phala Network Price History

PHA Crypto  USD 0.35  0.01  2.78%   
If you're considering investing in Phala Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Phala Network stands at 0.35, as last reported on the 5th of January, with the highest price reaching 0.40 and the lowest price hitting 0.30 during the day. Phala Network is abnormally risky given 3 months investment horizon. Phala Network maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies digital coin had a 0.16% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.86% are justified by taking the suggested risk. Use Phala Network Coefficient Of Variation of 620.89, risk adjusted performance of 0.1402, and Semi Deviation of 5.22 to evaluate coin specific risk that cannot be diversified away.
  
Phala Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1623

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Estimated Market Risk

 17.64
  actual daily
96
96% of assets are less volatile

Expected Return

 2.86
  actual daily
57
57% of assets have lower returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Phala Network is performing at about 12% 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 Phala Network by adding it to a well-diversified portfolio.

Phala Network Crypto Coin Price History Chart

There are several ways to analyze Phala Network price data. The simplest method is using a basic Phala candlestick price chart, which shows Phala Network 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 PriceDecember 26, 20240.5
Lowest PriceNovember 4, 20240.0989

Phala Network January 5, 2025 Crypto Coin Price Synopsis

Various analyses of Phala Network's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Phala Crypto Coin. It can be used to describe the percentage change in the price of Phala Network from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Phala Crypto Coin.
Phala Network Price Daily Balance Of Power(0.10)
Phala Network Price Rate Of Daily Change 0.97 
Phala Network Price Action Indicator(0.01)

Phala Network January 5, 2025 Crypto Coin Price Analysis

When benchmark price declines in a down market, there may be an uptick in Phala Network 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 Phala Network intraday prices and daily technical indicators to check the level of noise trading in Phala Network and then apply it to test your longer-term investment strategies against Phala.

Phala Crypto Coin Price History Data

The price series of Phala Network for the period between Mon, Oct 7, 2024 and Sun, Jan 5, 2025 has a statistical range of 0.4 with a coefficient of variation of 54.0. The price distribution for the period has arithmetic mean of 0.16. The median price for the last 90 days is 0.12.
OpenHighLowCloseVolume
01/05/2025
 0.35  0.40  0.30  0.35 
01/03/2025 0.35  0.40  0.30  0.35  2,630,798 
01/02/2025 0.34  0.36  0.31  0.35  1,231,805 
12/31/2024 0.39  0.43  0.35  0.36  1,380,642 
12/30/2024 0.41  0.44  0.36  0.39  2,454,452 
12/27/2024 0.50  0.60  0.40  0.44  7,331,202 
12/26/2024 0.24  0.55  0.24  0.50  10,125,676 
12/25/2024 0.28  0.32  0.23  0.24  4,915,404 
12/24/2024 0.20  0.30  0.20  0.28  7,627,953 
12/23/2024 0.13  0.24  0.13  0.20  8,412,509 
12/20/2024 0.13  0.13  0.12  0.12  1,016,857 
12/19/2024 0.12  0.13  0.11  0.13  841,110 
12/18/2024 0.14  0.14  0.12  0.12  651,666 
12/17/2024 0.15  0.15  0.14  0.14  540,894 
12/16/2024 0.16  0.16  0.15  0.15  418,304 
12/13/2024 0.17  0.18  0.16  0.16  185,192 
12/12/2024 0.18  0.18  0.17  0.17  411,392 
12/11/2024 0.17  0.18  0.17  0.18  534,010 
12/10/2024 0.16  0.18  0.16  0.17  408,860 
12/09/2024 0.17  0.17  0.15  0.16  991,629 
12/06/2024 0.19  0.20  0.18  0.18  432,585 
12/05/2024 0.18  0.20  0.18  0.19  861,843 
12/04/2024 0.18  0.19  0.17  0.18  1,631,356 
12/03/2024 0.18  0.20  0.18  0.18  808,016 
12/02/2024 0.17  0.18  0.15  0.18  1,352,537 
11/29/2024 0.17  0.18  0.17  0.18  460,747 
11/28/2024 0.16  0.17  0.16  0.17  1,297,115 
11/27/2024 0.16  0.17  0.15  0.16  1,020,644 
11/26/2024 0.14  0.16  0.14  0.16  1,613,046 
11/25/2024 0.14  0.15  0.13  0.14  957,277 
11/22/2024 0.13  0.15  0.12  0.15  1,379,804 
11/21/2024 0.12  0.13  0.12  0.13  818,476 
11/20/2024 0.12  0.13  0.12  0.12  806,138 
11/19/2024 0.13  0.13  0.12  0.12  657,663 
11/18/2024 0.13  0.13  0.12  0.13  801,399 
11/15/2024 0.11  0.12  0.11  0.12  933,907 
11/14/2024 0.11  0.12  0.11  0.11  533,210 
11/13/2024 0.11  0.12  0.10  0.11  450,276 
11/12/2024 0.11  0.12  0.10  0.11  417,224 
11/11/2024 0.12  0.12  0.11  0.11  556,387 
11/08/2024 0.11  0.11  0.11  0.11  164,673 
11/07/2024 0.11  0.11  0.10  0.11  196,165 
11/06/2024 0.11  0.11  0.10  0.11  159,453 
11/05/2024 0.1  0.11  0.1  0.11  115,630 
11/04/2024 0.1  0.10  0.1  0.1  135,726 
11/01/2024 0.11  0.11  0.10  0.10  91,337 
10/31/2024 0.11  0.11  0.11  0.11  556,540 
10/30/2024 0.11  0.12  0.10  0.11  920,269 
10/29/2024 0.11  0.12  0.11  0.11  127,422 
10/28/2024 0.11  0.11  0.11  0.11  182,501 
10/25/2024 0.10  0.11  0.1  0.10  467,817 
10/24/2024 0.11  0.11  0.10  0.10  550,315 
10/23/2024 0.11  0.11  0.11  0.11  241,159 
10/22/2024 0.11  0.11  0.11  0.11  1.00 
10/21/2024 0.12  0.12  0.11  0.11  430,440 
10/18/2024 0.11  0.12  0.11  0.12  327,080 
10/17/2024 0.11  0.11  0.11  0.11  139,889 
10/16/2024 0.11  0.11  0.11  0.11  111,521 
10/15/2024 0.11  0.12  0.11  0.11  211,046 
10/14/2024 0.12  0.12  0.11  0.11  277,236 
10/11/2024 0.11  0.11  0.11  0.11  176,789 

About Phala Network Crypto Coin history

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

Phala Network Crypto Coin Technical Analysis

Phala Network 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 Phala Network technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Phala Network 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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Phala Network Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Phala Network's price direction in advance. Along with the technical and fundamental analysis of Phala Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Phala 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 Phala Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phala Network'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 Phala Network Crypto.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phala Network. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Please note, there is a significant difference between Phala Network's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Phala Network 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, Phala Network's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.