Power Ledger Price on October 14, 2024
| POWR Crypto | USD 0.26 0.01 4.00% |
If you're considering investing in Power Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Power Ledger stands at 0.26, as last reported on the 21st of November, with the highest price reaching 0.26 and the lowest price hitting 0.25 during the day. Power Ledger appears to be very risky, given 3 months investment horizon. Power Ledger maintains Sharpe Ratio (i.e., Efficiency) of 0.0759, which implies digital coin had a 0.0759% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Power Ledger, which you can use to evaluate the volatility of coin. Please evaluate Power Ledger's Coefficient Of Variation of 1290.86, risk adjusted performance of 0.0668, and Semi Deviation of 3.72 to confirm if our risk estimates are consistent with your expectations.
Power Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Power |
Sharpe Ratio = 0.0759
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.01 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Power Ledger 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 Power Ledger by adding it to a well-diversified portfolio.
Power Ledger Valuation on October 14, 2024
It is possible to determine the worth of Power Ledger on a given historical date. On October 14, 2024 Power was worth 0.23 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Power Ledger crypto coin. Still, in general, we apply an absolute valuation method to find Power Ledger'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 Power Ledger where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Power Ledger's related companies.
| Open | High | Low | Close | Volume | |
| 0.23 | 0.24 | 0.22 | 0.23 | 177,276 | |
10/14/2024 | 0.23 | 0.23 | 0.21 | 0.22 | 355,241 |
| 0.22 | 0.22 | 0.22 | 0.22 | 5,250 |
| Backtest Power Ledger | | | Power Ledger History | Previous | Next |
Power Ledger Trading Date Momentum on October 14, 2024
| On October 15 2024 Power Ledger was traded for 0.22 at the closing time. The highest price during the trading period was 0.22 and the lowest recorded bid was listed for 0.22 . The volume for the day was 5.3 K. This history from October 15, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
About Power Ledger Crypto Coin history
Power Ledger 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 Power is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Power Ledger 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.
Power Ledger Crypto Coin Technical Analysis
Power Ledger 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
Power Ledger Period Price Range
Low | November 21, 2024
| High |
0.00 | 0.00 |
Power Ledger 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.
Power Ledger November 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Power Ledger 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 Power Ledger shares will generate the highest return on investment.
Power Ledger Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Power Ledger's price direction in advance. Along with the technical and fundamental analysis of Power Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Power 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 | 0.0668 | |||
| Jensen Alpha | 0.3279 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0469 | |||
| Treynor Ratio | 0.6691 |
| Cycle Indicators | ||
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Ledger. 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.