ALG Crypto

ALG is trading at 0.0719 as of the 28th of March 2024, a -0.28 percent decrease since the beginning of the trading day. Cryptocurrency ratings for ALG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
ALG is an online market maker for p-2-p internet money called Cryptocurrency. Please note that ALG has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as ALG are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as ALG are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

ALG Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. ALG's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding ALG or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Business ConcentrationTechnology, Cryptocurrency, Blockchain (View all Sectors)
ALG is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. Algory is an Ethereum-based application supporting professional trading in the cryptocurrency market. Their goal is to present traders with different research tools in one single platform. To name some of this tools: * CryptoScanner: Users can create fully automated filters and alerts that scan the cryptocurrency markets in real-time. * CryptoNews: A news streamer including blogs, tweets, Reddit, news services and more. * Ico Analyzer: Use the ICO Analyzer to check all ICOs. Check ICO wallets or keep up with the information on transfers between the major projects in the world of ICOs. * CryptoViewer: Choose your own list of cryptocurrencies you are interested in scanning for news, movement, and more. ALG is an ERC20 utility token that serves as a currency on the Algory platform. [Telegram](https://t.me/AlgoryProject) | [Facebook](https://www.facebook.com/algoryproject) | [Youtube](https://www.youtube.com/c/AlgoryProject) | [Medium](https://medium.com/algory-project) | [Blog](https://blog.algory.
Other Smart Contract AddressView
SymbolALG
Technology Adoption RatingE-
Market Performance RatingE+
NameALG
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2017-12-01
Full NameAlgory (ALG)
Asset Website Urlhttps://www.algory.io/
Platform Typetoken
Coin NameAlgory
Smart Contract AddressView
ALG (ALG) is traded on CRYPTO Exchanges. ALG is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALG's market, we take the total number of its shares issued and multiply it by ALG's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ALG's Exchanges and Markets

ALG Target Price Odds Analysis

What are ALG's target price odds to finish over the current price? Based on a normal probability distribution, the odds of ALG jumping above the current price in 90 days from now is about 87.02%. The ALG probability density function shows the probability of ALG crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ALG has a beta of -0.0525. This suggests as returns on benchmark increase, returns on holding ALG are expected to decrease at a much lower rate. During the bear market, however, ALG is likely to outperform the market. Additionally, aLG has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 0.0719HorizonTargetOdds Above 0.0719
12.88%90 days
 0.07 
87.02%
Based on a normal probability distribution, the odds of ALG to move above the current price in 90 days from now is about 87.02 (This ALG probability density function shows the probability of ALG Crypto Coin to fall within a particular range of prices over 90 days) .

ALG Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ALG market risk premium is the additional return an investor will receive from holding ALG long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ALG. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ALG's alpha and beta are two of the key measurements used to evaluate ALG's performance over the market, the standard measures of volatility play an important role as well.

ALG Technical Analysis

When it comes to investing in cryptocurrency, such as ALG, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of ALG, which is currently traded at 0.0719, shows everything you need to know about ALG market value. You don't have to consider the fundamental factors that affect a crypto asset, such as ALG, to determine its price movements. However, the ALG's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so ALG's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project ALG's future price trend
Transformation
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ALG Against Markets

Picking the right benchmark for ALG crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ALG crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ALG is critical whether you are bullish or bearish towards ALG at a given time. Please also check how ALG's historical prices are related to one of the top price index indicators.

ALG Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ALG crypto coin to make a market-neutral strategy. Peer analysis of ALG could also be used in its relative valuation, which is a method of valuing ALG by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Investing Ideas

In addition to having ALG in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
When determining whether ALG offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ALG'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 Alg Crypto.
Check out Trending Equities to better understand how to build diversified portfolios. 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.
Note that the ALG information on this page should be used as a complementary analysis to other ALG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for ALG Crypto Coin analysis

When running ALG's price analysis, check to measure ALG's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy ALG is operating at the current time. Most of ALG's value examination focuses on studying past and present price actions to predict the probability of ALG's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move ALG's coin price. Additionally, you may evaluate how adding ALG to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ALG's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine ALG 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, ALG's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.