What does the term '52 week range' refer to when discussing digital assets?

3 answers

• Holmes SherrillMar 04, 2023 · 2 years ago
  The term '52 week range' refers to the highest and lowest prices at which a digital asset has traded over the past 52 weeks. It is calculated by taking the highest price reached during that period and subtracting the lowest price. The 52 week range provides investors with an idea of the asset's price volatility and its potential for growth or decline. For example, if a digital asset has a 52 week range of $10 to $100, it means that its price has fluctuated between these two extremes over the past year.
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• Omar YehyaSep 08, 2022 · 3 years ago
  When we talk about the '52 week range' in relation to digital assets, we are referring to the range of prices that the asset has traded at over the past 52 weeks. This range is calculated by taking the highest price and the lowest price that the asset has reached during that time period. It provides investors with an understanding of the asset's price history and can be used to gauge its potential future performance. For instance, if a digital asset has a 52 week range of $10 to $100, it means that its price has fluctuated between these two values over the past year.
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• Nan MargaryanDec 31, 2023 · 2 years ago
  The term '52 week range' is used in the context of digital assets to describe the range of prices at which the asset has traded over the past 52 weeks. It is an important metric for investors as it provides insight into the asset's price volatility and potential for growth. For example, if a digital asset has a 52 week range of $10 to $100, it means that its price has fluctuated between these two values over the past year. This information can help investors make informed decisions about buying or selling the asset.
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