XRP Price on February 26, 2024
| XRP Crypto | USD 0.52 0.01 1.89% |
If you're considering investing in XRP Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of XRP stands at 0.52, as last reported on the 28th of April, with the highest price reaching 0.53 and the lowest price hitting 0.51 during the day. We consider XRP very volatile. XRP shows Sharpe Ratio of 0.0269, which attests that digital coin had a 0.0269% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for XRP, which you can use to evaluate the volatility of coin. Please check out XRP's Downside Deviation of 4.66, mean deviation of 2.8, and Risk Adjusted Performance of 0.0159 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
XRP Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
XRP |
Sharpe Ratio = 0.0269
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | XRP | Huge Risk |
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Estimated Market Risk
| 3.87 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average XRP 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 XRP by adding it to a well-diversified portfolio.
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XRP Valuation on February 26, 2024
It is possible to determine the worth of XRP on a given historical date. On February 26, 2024 XRP was worth 0.55 at the beginning of the trading date compared to the closed value of 0.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XRP crypto coin. Still, in general, we apply an absolute valuation method to find XRP'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 XRP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XRP's related companies.
| Open | High | Low | Close | Volume | |
| 0.53 | 0.55 | 0.53 | 0.55 | 18,280,214 | |
02/26/2024 | 0.55 | 0.60 | 0.55 | 0.59 | 84,237,838 |
| 0.59 | 0.61 | 0.53 | 0.58 | 100,830,330 |
| Backtest XRP | | | XRP History | Previous | Next |
XRP Trading Date Momentum on February 26, 2024
| On February 27 2024 XRP was traded for 0.58 at the closing time. The maximum traded price for the trading interval was 0.61 and the lowest daily price was 0.53 . The daily volume was recorded at 100.8 M. The volume of trading on 27th of February 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.69% . The trading price change to the closing price today is 6.78% . |
About XRP Crypto Coin history
XRP 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 XRP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XRP 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.
XRP Crypto Coin Technical Analysis
XRP 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
XRP Period Price Range
Low | February 26, 2024
| High |
0.55 | 0.59 |
XRP April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how XRP 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 XRP shares will generate the highest return on investment.
XRP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XRP's price direction in advance. Along with the technical and fundamental analysis of XRP Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of XRP 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 | 0.0159 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0364 |
| 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 XRP. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.