Altlayer Price History

ALT Crypto  USD 0.27  0.03  10.00%   
If you're considering investing in Altlayer Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Altlayer stands at 0.27, as last reported on the 12th of June 2024, with the highest price reaching 0.29 and the lowest price hitting 0.26 during the day. Altlayer secures Sharpe Ratio (or Efficiency) of -0.0918, which signifies that digital coin had a -0.0918% return per unit of risk over the last 3 months. Altlayer exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altlayer's Risk Adjusted Performance of (0.07), mean deviation of 5.63, and Standard Deviation of 7.42 to double-check the risk estimate we provide.
  
Altlayer Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0918

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Estimated Market Risk

 7.39
  actual daily
65
65% of assets are less volatile

Expected Return

 -0.68
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Altlayer 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 Altlayer by adding Altlayer to a well-diversified portfolio.

Altlayer Crypto Coin Price History Chart

There are several ways to analyze Altlayer price data. The simplest method is using a basic Altlayer candlestick price chart, which shows Altlayer 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 27, 20240.66
Lowest PriceJune 10, 20240.27

Altlayer June 12, 2024 Crypto Coin Price Synopsis

Various analyses of Altlayer's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Altlayer Crypto Coin. It can be used to describe the percentage change in the price of Altlayer from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Altlayer Crypto Coin.
Altlayer Price Daily Balance Of Power(1.00)
Altlayer Price Rate Of Daily Change 0.90 
Altlayer Price Action Indicator(0.02)

Altlayer June 12, 2024 Crypto Coin Price Analysis

When benchmark price declines in a down market, there may be an uptick in Altlayer 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 Altlayer intraday prices and daily technical indicators to check the level of noise trading in Altlayer and then apply it to test your longer-term investment strategies against Altlayer.

Altlayer Crypto Coin Price History Data

The price series of Altlayer for the period between Thu, Mar 14, 2024 and Wed, Jun 12, 2024 has a statistical range of 0.39 with a coefficient of variation of 25.09. The prices are distributed with arithmetic mean of 0.42. The median price for the last 90 days is 0.37.
OpenHighLowCloseVolume
06/12/2024
 0.27  0.29  0.26  0.27 
06/11/2024 0.27  0.29  0.26  0.27  4,493 
06/10/2024 0.29  0.29  0.26  0.27  5,851 
06/07/2024 0.32  0.32  0.29  0.30  5,243 
06/06/2024 0.36  0.36  0.29  0.32  41,350 
06/05/2024 0.36  0.37  0.36  0.36  31,579 
06/04/2024 0.35  0.36  0.35  0.36  594.66 
06/03/2024 0.36  0.37  0.35  0.35  7,106 
05/31/2024 0.34  0.35  0.34  0.35  3,246 
05/30/2024 0.34  0.35  0.33  0.34  9,075 
05/29/2024 0.34  0.35  0.32  0.34  8,911 
05/28/2024 0.35  0.35  0.33  0.34  37,405 
05/27/2024 0.36  0.36  0.34  0.35  617.57 
05/24/2024 0.36  0.38  0.35  0.36  55,441 
05/23/2024 0.33  0.36  0.33  0.36  23,204 
05/22/2024 0.32  0.35  0.31  0.33  40,544 
05/21/2024 0.34  0.35  0.32  0.32  3,686 
05/20/2024 0.33  0.34  0.33  0.34  17,598 
05/17/2024 0.32  0.33  0.32  0.32  291.33 
05/16/2024 0.30  0.33  0.30  0.32  5,337 
05/15/2024 0.32  0.32  0.29  0.30  12,625 
05/14/2024 0.29  0.33  0.29  0.32  11,554 
05/13/2024 0.30  0.30  0.29  0.29  7,671 
05/10/2024 0.32  0.33  0.32  0.32  4,423 
05/09/2024 0.34  0.34  0.32  0.32  6,693 
05/08/2024 0.33  0.34  0.33  0.34  1,740 
05/07/2024 0.35  0.35  0.32  0.33  43,172 
05/06/2024 0.36  0.37  0.35  0.35  31,277 
05/03/2024 0.39  0.40  0.39  0.39  6,264 
05/02/2024 0.37  0.40  0.36  0.39  21,254 
05/01/2024 0.34  0.38  0.33  0.37  1,706,727 
04/30/2024 0.35  0.35  0.34  0.34  39,637 
04/29/2024 0.38  0.39  0.34  0.34  21,781 
04/26/2024 0.36  0.37  0.35  0.37  3,037 
04/25/2024 0.39  0.39  0.36  0.36  56,409 
04/24/2024 0.38  0.39  0.38  0.39  21,266 
04/23/2024 0.42  0.45  0.38  0.38  1,569,408 
04/22/2024 0.44  0.45  0.41  0.42  35,655 
04/19/2024 0.39  0.44  0.38  0.43  100,444 
04/18/2024 0.37  0.40  0.34  0.39  25,735 
04/17/2024 0.37  0.38  0.35  0.37  22,071 
04/16/2024 0.39  0.40  0.36  0.37  79,995 
04/15/2024 0.41  0.41  0.38  0.39  187,330 
04/12/2024 0.50  0.51  0.34  0.41  127,422 
04/11/2024 0.56  0.61  0.45  0.50  107,792 
04/10/2024 0.57  0.58  0.55  0.56  22,550 
04/09/2024 0.59  0.61  0.54  0.57  111,283 
04/08/2024 0.64  0.67  0.58  0.59  36,270 
04/05/2024 0.52  0.56  0.52  0.54  15,681 
04/04/2024 0.54  0.54  0.50  0.52  6,300 
04/03/2024 0.54  0.56  0.51  0.54  8,328 
04/02/2024 0.53  0.56  0.51  0.54  18,873 
04/01/2024 0.57  0.58  0.51  0.53  755,422 
03/29/2024 0.61  0.64  0.60  0.60  471,869 
03/28/2024 0.66  0.68  0.59  0.61  804,779 
03/27/2024 0.61  0.68  0.58  0.66  17,323 
03/26/2024 0.64  0.69  0.58  0.61  50,693 
03/25/2024 0.60  0.68  0.58  0.64  2,508,235 
03/22/2024 0.49  0.52  0.46  0.50  889,606 
03/21/2024 0.52  0.52  0.47  0.49  7,773 
03/20/2024 0.47  0.55  0.44  0.52  1,802,760 

About Altlayer Crypto Coin history

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

Altlayer Crypto Coin Technical Analysis

Altlayer 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 Altlayer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altlayer 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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Altlayer Technical and Predictive Indicators

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

When determining whether Altlayer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Altlayer'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 Altlayer Crypto.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altlayer. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between Altlayer's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Altlayer 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, Altlayer's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.