Centrifuge Price History

CFG Crypto  USD 0.68  0.01  1.49%   
If you're considering investing in Centrifuge Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Centrifuge stands at 0.68, as last reported on the 3rd of June, with the highest price reaching 0.68 and the lowest price hitting 0.66 during the day. We consider Centrifuge unreasonably risky. Centrifuge secures Sharpe Ratio (or Efficiency) of 0.0104, which signifies that digital coin had a 0.0104% return per unit of risk over the last 3 months. We have found thirty technical indicators for Centrifuge, which you can use to evaluate the volatility of coin. Please confirm Centrifuge's Downside Deviation of 5.26, mean deviation of 4.46, and Risk Adjusted Performance of 0.0156 to double-check if the risk estimate we provide is consistent with the expected return of 0.0729%.
  
Centrifuge Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0104

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Estimated Market Risk

 7.02
  actual daily
62
62% of assets are less volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Centrifuge is not performing at its full potential. However, 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 Centrifuge by adding Centrifuge to a well-diversified portfolio.

Centrifuge Crypto Coin Price History Chart

There are several ways to analyze Centrifuge price data. The simplest method is using a basic Centrifuge candlestick price chart, which shows Centrifuge price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 29, 20241.01
Lowest PriceMarch 18, 20240.6

Centrifuge June 3, 2024 Crypto Coin Price Synopsis

Various analyses of Centrifuge's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Centrifuge Crypto Coin. It can be used to describe the percentage change in the price of Centrifuge from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Centrifuge Crypto Coin.
Centrifuge Price Action Indicator 0.02 
Centrifuge Price Daily Balance Of Power 0.50 
Centrifuge Price Rate Of Daily Change 1.01 

Centrifuge June 3, 2024 Crypto Coin Price Analysis

When benchmark price declines in a down market, there may be an uptick in Centrifuge price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Centrifuge intraday prices and daily technical indicators to check the level of noise trading in Centrifuge and then apply it to test your longer-term investment strategies against Centrifuge.

Centrifuge Crypto Coin Price History Data

The price series of Centrifuge for the period between Tue, Mar 5, 2024 and Mon, Jun 3, 2024 has a statistical range of 0.41 with a coefficient of variation of 14.08. The prices are distributed with arithmetic mean of 0.76. The median price for the last 90 days is 0.71.
OpenHighLowCloseVolume
06/03/2024
 0.67  0.68  0.66  0.68 
05/31/2024 0.67  0.68  0.66  0.68  21,644 
05/30/2024 0.68  0.68  0.67  0.67  5,703 
05/29/2024 0.70  0.70  0.68  0.68  39,672 
05/28/2024 0.70  0.72  0.70  0.70  1,567 
05/27/2024 0.71  0.72  0.69  0.70  29,361 
05/24/2024 0.69  0.72  0.67  0.70  133,487 
05/23/2024 0.71  0.77  0.66  0.69  168,952 
05/22/2024 0.70  0.75  0.67  0.71  85,106 
05/21/2024 0.73  0.74  0.70  0.70  46,863 
05/20/2024 0.75  0.76  0.72  0.73  13,662 
05/17/2024 0.75  0.78  0.72  0.73  32,176 
05/16/2024 0.69  0.75  0.69  0.75  48,477 
05/15/2024 0.72  0.72  0.68  0.69  42,142 
05/14/2024 0.68  0.74  0.66  0.72  62,105 
05/13/2024 0.67  0.70  0.66  0.68  74,500 
05/10/2024 0.65  0.68  0.65  0.68  14,754 
05/09/2024 0.68  0.73  0.65  0.65  46,835 
05/08/2024 0.66  0.68  0.65  0.68  21,207 
05/07/2024 0.70  0.70  0.66  0.66  42,801 
05/06/2024 0.69  0.73  0.68  0.70  45,509 
05/03/2024 0.71  0.73  0.66  0.69  30,172 
05/02/2024 0.68  0.71  0.68  0.71  44,861 
05/01/2024 0.67  0.70  0.62  0.68  103,052 
04/30/2024 0.63  0.67  0.59  0.67  93,136 
04/29/2024 0.66  0.66  0.61  0.63  58,746 
04/26/2024 0.68  0.69  0.67  0.68  7,245 
04/25/2024 0.69  0.69  0.67  0.68  23,489 
04/24/2024 0.71  0.72  0.67  0.69  34,019 
04/23/2024 0.75  0.78  0.71  0.71  47,216 
04/22/2024 0.73  0.77  0.73  0.75  5,525 
04/19/2024 0.73  0.78  0.73  0.77  18,181 
04/18/2024 0.77  0.79  0.71  0.73  66,417 
04/17/2024 0.69  0.82  0.67  0.77  63,710 
04/16/2024 0.71  0.82  0.67  0.69  66,663 
04/15/2024 0.72  0.73  0.67  0.71  54,540 
04/12/2024 0.73  0.78  0.60  0.70  113,903 
04/11/2024 0.84  0.85  0.71  0.73  126,943 
04/10/2024 0.85  0.87  0.82  0.84  20,473 
04/09/2024 0.84  0.87  0.82  0.85  38,278 
04/08/2024 0.91  0.92  0.84  0.84  24,806 
04/05/2024 0.95  0.98  0.92  0.93  4,702 
04/04/2024 0.95  0.96  0.95  0.95  107.70 
04/03/2024 0.94  1.00  0.90  0.95  12,578 
04/02/2024 0.95  1.03  0.90  0.94  10,979 
04/01/2024 1.02  1.05  0.91  0.95  13,660 
03/29/2024 0.93  1.06  0.91  1.01  3,780 
03/28/2024 0.98  1.03  0.92  0.93  10,421 
03/27/2024 1.00  1.08  0.95  0.98  1,754 
03/26/2024 0.94  1.16  0.92  1.00  31,174 
03/25/2024 1.01  1.08  0.85  0.94  19,761 
03/22/2024 0.88  1.08  0.87  0.88  31,106 
03/21/2024 1.00  1.10  0.86  0.88  823.78 
03/20/2024 0.77  1.01  0.76  1.00  77,808 
03/19/2024 0.60  0.80  0.60  0.77  183,256 
03/18/2024 0.63  0.66  0.57  0.60  63,829 
03/15/2024 0.67  0.78  0.64  0.65  45,069 
03/14/2024 0.71  0.72  0.63  0.67  87,681 
03/13/2024 0.74  0.75  0.69  0.71  38,989 
03/12/2024 0.75  0.78  0.69  0.74  92,463 
03/11/2024 0.78  0.78  0.73  0.75  55,776 

About Centrifuge Crypto Coin history

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

Centrifuge Crypto Coin Technical Analysis

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

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Centrifuge Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Centrifuge's price direction in advance. Along with the technical and fundamental analysis of Centrifuge Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of Centrifuge 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.

Additional Information and Resources on Investing in Centrifuge Crypto Coin

When determining whether Centrifuge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centrifuge'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 Centrifuge Crypto.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centrifuge. 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Please note, there is a significant difference between Centrifuge's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Centrifuge 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, Centrifuge's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.