How is the 'delta value' of a cryptocurrency calculated?

3 answers

• IssieJul 08, 2024 · a year ago
  The 'delta value' of a cryptocurrency is a measure of the change in its price over a specific period of time. It is commonly used in trading to assess the volatility and potential profitability of a cryptocurrency. The calculation of the delta value involves comparing the current price of the cryptocurrency with its previous price at a specific time. The difference between these two prices is then divided by the previous price to determine the percentage change. This percentage change represents the delta value of the cryptocurrency.
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• Bruno MarsDec 04, 2022 · 3 years ago
  Calculating the 'delta value' of a cryptocurrency is relatively simple. You just need to subtract the previous price from the current price and divide the result by the previous price. This will give you the percentage change, which is the delta value. For example, if a cryptocurrency had a previous price of $100 and the current price is $120, the delta value would be (120-100)/100 = 0.2 or 20%. This means that the cryptocurrency has increased in value by 20%.
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• David IngleAug 30, 2022 · 3 years ago
  The 'delta value' of a cryptocurrency is calculated by taking the difference between the current price and the previous price, and then dividing it by the previous price. This calculation gives you the percentage change in the price, which represents the delta value. It's a useful metric for traders to assess the price movement and volatility of a cryptocurrency. For example, if a cryptocurrency had a previous price of $100 and the current price is $90, the delta value would be (90-100)/100 = -0.1 or -10%. This means that the cryptocurrency has decreased in value by 10%.
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