Basic Attention Price on September 3, 2024

BAT Crypto  USD 0.23  0.02  8.00%   
If you're considering investing in Basic Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Basic Attention stands at 0.23, as last reported on the 24th of November, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day. Basic Attention appears to be extremely risky, given 3 months investment horizon. Basic Attention Token secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that digital coin had a 0.11% return per unit of risk over the last 3 months. By analyzing Basic Attention's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Basic Attention's Downside Deviation of 7.02, risk adjusted performance of 0.0712, and Mean Deviation of 3.72 to double-check if our risk estimates are consistent with your expectations.
  
Basic Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1143

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Estimated Market Risk

 5.15
  actual daily
45
55% of assets are more volatile

Expected Return

 0.59
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
9
91% of assets perform better
Based on monthly moving average Basic Attention 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 Basic Attention by adding it to a well-diversified portfolio.

Basic Attention Valuation on September 3, 2024

It is possible to determine the worth of Basic Attention on a given historical date. On September 3, 2024 Basic was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Basic Attention crypto coin. Still, in general, we apply an absolute valuation method to find Basic Attention'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 Basic Attention where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Basic Attention's related companies.
 Open High Low Close Volume
  0.17    0.17    0.16    0.16    425,871  
09/03/2024
  0.16    0.17    0.15    0.16    831,260  
  0.16    0.16    0.16    0.16    292,229  
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Open Value
0.16
0.16
Closing Value
15.61
Upside

Basic Attention Trading Date Momentum on September 3, 2024

On September 04 2024 Basic Attention Token was traded for  0.16  at the closing time. The maximum traded price for the trading interval was 0.16  and the lowest daily price was  0.16 . The daily volume was recorded at 292.2 K. The volume of trading on 4th of September 2024 did not affect price variability. The overall trading delta to the closing price today is 12.50% .

About Basic Attention Crypto Coin history

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

Basic Attention Crypto Coin Technical Analysis

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

Basic Attention Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Basic Attention Token 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.

Basic Attention November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Basic Attention 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 Basic Attention shares will generate the highest return on investment.

Basic Attention Technical and Predictive Indicators

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