0x Price on April 3, 2024
| ZRX Crypto | USD 0.51 0.01 1.92% |
If you're considering investing in 0x Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of 0x stands at 0.51, as last reported on the 29th of April, with the highest price reaching 0.52 and the lowest price hitting 0.48 during the day. 0x is abnormally risky given 3 months investment horizon. 0x 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. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.31% are justified by taking the suggested risk. Use 0x Risk Adjusted Performance of 0.0632, mean deviation of 6.49, and Semi Deviation of 8.09 to evaluate coin specific risk that cannot be diversified away.
0x Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
0x |
Sharpe Ratio = 0.1126
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ZRX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 11.62 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.31 actual daily | 25 75% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average 0x is performing at about 8% 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 0x by adding it to a well-diversified portfolio.
0x Main Headline on 3rd of April 2024
Were not believers Goldman Sachs doubles down on crypto skep... by news.google.com
Were not believers Goldman Sachs doubles down on crypto skepticism despite Wall Street embracing Bitcoin ETFs Yahoo Finance
0x Valuation on April 3, 2024
It is possible to determine the worth of 0x on a given historical date. On April 3, 2024 0x was worth 0.64 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 0x crypto coin. Still, in general, we apply an absolute valuation method to find 0x'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 0x where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 0x's related companies.
| Open | High | Low | Close | Volume | |
| 0.65 | 0.68 | 0.62 | 0.64 | 3,028,051 | |
04/03/2024 | 0.64 | 0.69 | 0.63 | 0.67 | 1,858,078 |
| 0.67 | 0.67 | 0.64 | 0.65 | 1,130,257 |
| Backtest 0x | | | 0x History | Previous | Next |
0x Trading Date Momentum on April 3, 2024
| On April 04 2024 0x was traded for 0.65 at the closing time. The maximum traded price for the trading interval was 0.67 and the lowest daily price was 0.64 . The daily volume was recorded at 1.1 M. The volume of trading on 4th of April 2024 played a part in the next trading day price drop. The trading date delta to the next closing price was 2.99% . The daily price change to the closing price today is 28.36% . |
About 0x Crypto Coin history
0x 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 0x is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 0x 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.
0x Crypto Coin Technical Analysis
0x 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
0x Period Price Range
Low | April 3, 2024
| High |
0.64 | 0.67 |
0x April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how 0x 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 0x shares will generate the highest return on investment.
| Accumulation Distribution | 161572.0 | |||
| Daily Balance Of Power | 0.5 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 0.66 | |||
| Day Typical Price | 0.66 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | (0.16) |
0x Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 0x's price direction in advance. Along with the technical and fundamental analysis of 0x Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of 0x 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 | 0.0632 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0839 | |||
| Treynor Ratio | (6.67) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 0x. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.