OKT Chain Price on September 30, 2024
| OKT Crypto | USD 9.09 2.64 22.51% |
If you're considering investing in OKT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of OKT Chain stands at 9.09, as last reported on the 26th of November, with the highest price reaching 9.13 and the lowest price hitting 9.01 during the day. OKT Chain appears to be abnormally risky, given 3 months investment horizon. OKT Chain maintains Sharpe Ratio (i.e., Efficiency) of 0.0956, which implies digital coin had a 0.0956% return per unit of standard deviation over the last 3 months. By inspecting OKT Chain's technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please evaluate OKT Chain's Market Risk Adjusted Performance of (1.31), semi deviation of 6.26, and Risk Adjusted Performance of 0.0789 to confirm if our risk estimates are consistent with your expectations.
OKT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
OKT |
Sharpe Ratio = 0.0956
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.81 actual daily | 87 87% of assets are less volatile |
Expected Return
| 0.94 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average OKT Chain 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 OKT Chain by adding it to a well-diversified portfolio.
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OKT Chain Valuation on September 30, 2024
It is possible to determine the worth of OKT Chain on a given historical date. On September 30, 2024 OKT was worth 7.62 at the beginning of the trading date compared to the closed value of 7.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OKT Chain crypto coin. Still, in general, we apply an absolute valuation method to find OKT Chain'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 OKT Chain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OKT Chain's related companies.
| Open | High | Low | Close | Volume | |
| 7.63 | 8.11 | 7.57 | 7.95 | 35.63 | |
09/30/2024 | 7.62 | 7.32 | 7.05 | 7.10 | 66.83 |
| 7.10 | 7.14 | 6.81 | 7.04 | 77.24 |
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OKT Chain Trading Date Momentum on September 30, 2024
| On October 01 2024 OKT Chain was traded for 7.04 at the closing time. The maximum traded price for the trading interval was 7.14 and the lowest daily price was 6.81 . The daily volume was recorded at 77.24. The volume of trading on 1st of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.85% . The trading delta at closing time to the closing price today is 1.55% . |
About OKT Chain Crypto Coin history
OKT Chain 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 OKT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OKT Chain 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.
OKT Chain Crypto Coin Technical Analysis
OKT Chain 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
OKT Chain Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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OKT Chain November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how OKT Chain 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 OKT Chain shares will generate the highest return on investment.
OKT Chain Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OKT Chain's price direction in advance. Along with the technical and fundamental analysis of OKT Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of OKT 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 | 0.0789 | |||
| Jensen Alpha | 0.9572 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.1095 | |||
| Treynor Ratio | (1.32) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OKT Chain. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.