Percent Above All-Time Low

This is the mirror of the percent-below-all-time-high figure, measured against the minimum of the price history instead of the maximum. Because percentage changes are asymmetric, the two are on different scales and cannot be compared with one another. In practice the reference point is normally a launch-day print.

Wie es berechnet wird

(price / all-time low - 1) x 100

Wo es irreführt

All-time lows are typically set in the first hours of trading on negligible volume, so this figure is frequently enormous and conveys almost nothing: a token whose first print was a fraction of a cent will display a vast number indefinitely. Providers that began coverage at different dates report wildly different values for the same asset. The percentage is unbounded above while percent-below-high is bounded by one hundred, so the two columns cannot be read on the same scale. It is also unadjusted for any redenomination or migration between the low and the present.

Einen hohen oder niedrigen Wert lesen

A larger percentage means the current price is further above the lowest price in the recorded history. For assets whose low was set at launch on minimal volume, the figure describes the launch mechanism more than the market.