NXS Crypto

NXS Crypto  USD 0.16  0.01  5.88%   

Market Performance

15 of 100

Odds Of Distress

Less than 18

NXS is trading at 0.16 as of the 21st of March 2023, a -5.88 percent decrease since the beginning of the trading day. NXS has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Cryptocurrency ratings for NXS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2022 and ending today, the 21st of March 2023. Click here to learn more.
NXS is peer-to-peer digital currency powered by the Blockchain technology. More on NXS
NXS is an internet market maker for peer-to-peer digital cash-like asset called Cryptocurrency. NXS has been active in the last 3 months, and it is currently trading with a bearish sentiment. Cryptocurrencies such as NXS 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 NXS 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.

NXS 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. NXS's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding NXS or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Fama & French Classification
NXS 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. Nexus is an innovative cryptocurrency - the coin runs off its own algorithm and has a well-thought-through infrastructure that takes it beyond bitcoin and other 1 st generation cryptocurrencies - it has a checks and balances system for sending coins - where transactions can be retrieved if sent to a wrong address. The proof of stake rate is 2% up to a coin cap of 78 million. In a nutshell, Nominated Proof-of-Stake (nPoS) is the process of selecting validators to be allowed to participate in the consensus protocol. NPoS is a variation of Proof-of-Stake and is used in Substrate-based Blockchains such as Kusama, Edgeware or Polkadot.
Technology Adoption RatingE+
Market Performance RatingD-
Proof TypePoW/nPoS
Is Tradingtrue
Algorithm Typekeccak
Asset Launch Date2014-09-23
Full NameNexus (NXS)
Asset Website Urlhttps://nexus.io/
Platform Typeblockchain
Coin NameNexus
NXS (NXS) is traded on CRYPTO Exchanges. NXS is peer-to-peer digital currency powered by the Blockchain technology.

NXS's Exchanges and Markets

Binance RightBTC

NXS Target Price Odds Analysis

What are NXS's target price odds to finish over the current price? Based on a normal probability distribution, the odds of NXS jumping above the current price in 90 days from now is near 1%. The NXS probability density function shows the probability of NXS crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon NXS has a beta of -0.669. This indicates as returns on benchmark increase, returns on holding NXS are expected to decrease at a much lower rate. During the bear market, however, NXS is likely to outperform the market. Moreover, the company has an alpha of 1.594, implying that it can generate a 1.59 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.16HorizonTargetOdds Above 0.16
99.97%90 days
Based on a normal probability distribution, the odds of NXS to move above the current price in 90 days from now is near 1 (This NXS probability density function shows the probability of NXS Crypto Coin to fall within a particular range of prices over 90 days) .

NXS Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. NXS market risk premium is the additional return an investor will receive from holding NXS 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 NXS. 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 NXS's alpha and beta are two of the key measurements used to evaluate NXS's performance over the market, the standard measures of volatility play an important role as well.

NXS Technical Analysis

When it comes to investing in cryptocurrency, such as NXS, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of NXS, which is currently traded at 0.16, shows everything you need to know about NXS market value. You don't have to consider the fundamental factors that affect a crypto asset, such as NXS, to determine its price movements. However, the NXS's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so NXS's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project NXS's future price trend
The output start index for this execution was zero with a total number of output elements of sixty-one. NXS Price Movement is a mathematical transformation function to describe exponentially increasing price patterns.

NXS Against Markets

Picking the right benchmark for NXS 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 NXS 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 NXS is critical whether you are bullish or bearish towards NXS at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in NXS without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in NXS

You need to understand the risk of getting into digital currencies such as NXS before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in NXS in four ways:

Buy NXS through an exchange

Get yourself a crypto wallet before embarking on your NXS journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase NXS. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of NXS through an exchange

You don't have to buy a full token when starting out since NXS is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade NXS through a broker

If you don't want to store your NXS Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in NXS through an exchange-traded fund (ETF)

You can also invest in NXS through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having NXS 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  
Additionally, see Correlation Analysis. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for analysis

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