Ethereum Classic Analysis

ETC Crypto  USD 28.10  1.77  6.72%   
The Ethereum Classic crypto coin analysis report makes it easy to digest publicly released information about Ethereum Classic and get updates on essential artifacts, development, and announcements. Ethereum Crypto Coin analysis module also helps to analyze the Ethereum Classic price relationship across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethereum Classic. 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.

Ethereum Classic 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. Ethereum Classic's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ethereum Classic or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ethereum Classic had very high historical volatility over the last 90 days

Ethereum Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 675.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ethereum Classic's market, we take the total number of its shares issued and multiply it by Ethereum Classic'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 25th of April, Ethereum Classic shows the Downside Deviation of 4.92, coefficient of variation of 1159.28, and Mean Deviation of 3.38. Ethereum Classic technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 break down nineteen technical drivers for Ethereum Classic, which can be compared to its peers. Please confirm Ethereum Classic downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Ethereum Classic is priced favorably, providing market reflects its regular price of 28.1 per share.

Ethereum Classic Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ethereum Classic 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 Ethereum Classic. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Ethereum Classic Predictive Daily Indicators

Ethereum Classic 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 Ethereum Classic 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.

Ethereum Classic Forecast Models

Ethereum Classic's time-series forecasting models are one of many Ethereum Classic'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 Ethereum Classic'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 Ethereum Crypto Coin Analysis

Crypto Coin analysis is the technique used by a trader or investor to examine and evaluate how Ethereum Classic 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 Ethereum 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 Ethereum Classic. By using and applying Ethereum Crypto Coin analysis, traders can create a robust methodology for identifying Ethereum entry and exit points for their positions.
Ethereum Classic 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 Ethereum Classic to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Analyst Advice Now

   

Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Module
When determining whether Ethereum Classic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ethereum Classic'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 Ethereum Classic Crypto.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ethereum Classic. 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 Ethereum Classic information on this page should be used as a complementary analysis to other Ethereum Classic'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Ethereum Classic's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Ethereum Classic 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, Ethereum Classic's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.