Cardano Analysis
| ADA Crypto | USD 0.46 0.01 2.22% |
The Cardano crypto coin analysis report makes it easy to digest publicly released information about Cardano and get updates on essential artifacts, development, and announcements. Cardano Crypto Coin analysis module also helps to analyze the Cardano price relationship across important fundamental and technical indicators.
Cardano |
Cardano Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more cryptos at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cardano's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cardano or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Cardano generated a negative expected return over the last 90 days | |
| Cardano has some characteristics of a very speculative cryptocurrency | |
| Cardano has high historical volatility and very poor performance | |
| Latest headline from news.google.com: Crypto Magnate Do Kwon Found Liable for Multibillion-Dollar Fraud - WIRED |
Cardano Thematic Classifications
In addition to having Cardano crypto coin in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | USD Crypto FundCryptocurrency traded in US dollars |
Cardano Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cardano's market, we take the total number of its shares issued and multiply it by Cardano'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.Technical Drivers
As of the 16th of April 2024, Cardano shows the Risk Adjusted Performance of (0.01), standard deviation of 4.57, and Mean Deviation of 3.29. Cardano technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Cardano, which can be compared to its peers. Please confirm Cardano value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Cardano is priced correctly, providing market reflects its regular price of 0.46 per share.Cardano Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cardano middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cardano. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Cardano Predictive Daily Indicators
Cardano intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cardano crypto coin daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.46 | |||
| Day Typical Price | 0.46 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Cardano Forecast Models
Cardano's time-series forecasting models are one of many Cardano's crypto coin analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cardano's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Cardano Crypto Coin Analysis
Crypto Coin analysis is the technique used by a trader or investor to examine and evaluate how Cardano prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cardano shares will generate the highest return on investment. We also built our crypto analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Crypto such as Cardano. By using and applying Cardano Crypto Coin analysis, traders can create a robust methodology for identifying Cardano entry and exit points for their positions.
Cardano is peer-to-peer digital currency powered by the Blockchain technology.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our crypto coin analysis tools, you can find out how much better you can do when adding Cardano to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cardano. 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 Cardano information on this page should be used as a complementary analysis to other Cardano'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 Transaction History module to view history of all your transactions and understand their impact on performance.