Maker Price on October 31, 2024
| MKR Crypto | USD 1,774 0.09 0.01% |
If you're considering investing in Maker Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Maker stands at 1,774, as last reported on the 18th of December 2024, with the highest price reaching 1,785 and the lowest price hitting 1,753 during the day. Maker appears to be unusually volatile, given 3 months investment horizon. Maker has Sharpe Ratio of 0.0683, which conveys that digital coin had a 0.0683% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Maker, which you can use to evaluate the volatility of coin. Please exercise Maker's Downside Deviation of 5.39, mean deviation of 4.22, and Risk Adjusted Performance of 0.0581 to check out if our risk estimates are consistent with your expectations.
Maker Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Maker |
Sharpe Ratio = 0.0683
| Best Portfolio | Best Equity | |||
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| Small Returns | MKR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.53 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Maker is performing at about 5% 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 Maker by adding it to a well-diversified portfolio.
Maker Valuation on October 31, 2024
It is possible to determine the worth of Maker on a given historical date. On October 31, 2024 Maker was worth 1269.73 at the beginning of the trading date compared to the closed value of 1264.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maker crypto coin. Still, in general, we apply an absolute valuation method to find Maker'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 Maker where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maker's related companies.
| Open | High | Low | Close | Volume | |
| 1,247 | 1,333 | 1,238 | 1,270 | 5,707,772 | |
10/31/2024 | 1,270 | 1,320 | 1,250 | 1,265 | 3,951,454 |
| 1,265 | 1,267 | 1,198 | 1,211 | 1,518,127 |
| Backtest Maker | | | Maker History | Previous | Next |
Maker Trading Date Momentum on October 31, 2024
| On November 01 2024 Maker was traded for 1,211 at the closing time. The maximum traded price for the trading interval was 1,267 and the lowest daily price was 1,198 . The daily volume was recorded at 1.5 M. The volume of trading on 1st of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 4.29% . The trading delta at closing time to the closing price today is 21.81% . |
About Maker Crypto Coin history
Maker 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 Maker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maker 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.
Maker Crypto Coin Technical Analysis
Maker 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.
Price Boundaries
Maker Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Maker 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.
Maker December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Maker 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 Maker shares will generate the highest return on investment.
Maker Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maker's price direction in advance. Along with the technical and fundamental analysis of Maker Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maker 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 | 0.0581 | |||
| Jensen Alpha | 0.4205 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0685 | |||
| Treynor Ratio | 3.91 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maker. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.