UBEX Price on January 31, 2023
| UBEX Crypto | USD 0.000031 0.000001 3.33% |
If you're considering investing in UBEX Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of UBEX stands at 0.000031, as last reported on the 19th of April, with the highest price reaching 0.000031 and the lowest price hitting 0.00003 during the day. UBEX appears to be abnormally risky, given 3 months investment horizon. UBEX owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0379, which indicates digital coin had a 0.0379% return per unit of volatility over the last 3 months. By analyzing UBEX's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review UBEX's Downside Deviation of 24.8, risk adjusted performance of 0.0648, and Market Risk Adjusted Performance of 1.23 to confirm if our risk estimates are consistent with your expectations.
UBEX Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
UBEX |
Sharpe Ratio = 0.0379
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Estimated Market Risk
| 19.54 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average UBEX is performing at about 2% 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 UBEX by adding it to a well-diversified portfolio.
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UBEX Valuation on January 31, 2023
It is possible to determine the worth of UBEX on a given historical date. On January 31, 2023 UBEX was worth 3.2E-5 at the beginning of the trading date compared to the closed value of 3.3E-5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UBEX crypto coin. Still, in general, we apply an absolute valuation method to find UBEX'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 UBEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UBEX's related companies.
| Open | High | Low | Close | Volume | |
| 0.000016 | 0.000032 | 0.000016 | 0.000032 | 3,248,684,743 | |
01/31/2023 | 0.000032 | 0.000033 | 0.000016 | 0.000033 | 3,233,020,099 |
| 0.000033 | 0.000033 | 0.000016 | 0.000033 | 2,307,198,481 |
| Backtest UBEX | | | UBEX History | Previous | Next |
UBEX Trading Date Momentum on January 31, 2023
| On February 01 2023 UBEX was traded for 0.000033 at the closing time. The highest price during the trading period was 0.000033 and the lowest recorded bid was listed for 0.000016 . The volume for the day was 2.3 B. This history from February 1, 2023 did not result in any price rise and fall. The trading price change to the current price is 54.55% . |
About UBEX Crypto Coin history
UBEX 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 UBEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UBEX 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.
UBEX Crypto Coin Technical Analysis
UBEX 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
UBEX Period Price Range
Low | January 31, 2023
| High |
0.000032 | 0.00 |
UBEX 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.
UBEX April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how UBEX 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 UBEX shares will generate the highest return on investment.
| Accumulation Distribution | 1.7 B | |||
| Daily Balance Of Power | 0.0588 | |||
| Rate Of Daily Change | 1.03 | |||
| Period Momentum Indicator | (0.000002) |
UBEX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UBEX's price direction in advance. Along with the technical and fundamental analysis of UBEX Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of UBEX 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 | 0.0648 | |||
| Jensen Alpha | 2.66 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.1102 | |||
| Treynor Ratio | 1.22 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UBEX. 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 Stocks Directory module to find actively traded stocks across global markets.