ICON Project Analysis
| ICX Crypto | USD 0.23 0.01 4.55% |
The ICON Project crypto coin analysis report makes it easy to digest publicly released information about ICON Project and get updates on essential artifacts, development, and announcements. ICON Crypto Coin analysis module also helps to analyze the ICON Project price relationship across important fundamental and technical indicators.
ICON |
ICON Project 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. ICON Project's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ICON Project or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| ICON Project had very high historical volatility over the last 90 days | |
| ICON Project has some characteristics of a very speculative cryptocurrency |
ICON Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.74 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ICON Project's market, we take the total number of its shares issued and multiply it by ICON Project'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 19th of April, ICON Project retains the market risk adjusted performance of 0.2396, and Semi Deviation of 5.61. ICON Project technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for ICON Project, which can be compared to its competitors. Please check out ICON Project jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if ICON Project is priced fairly, providing market reflects its last-minute price of 0.23 per share.ICON Project 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. ICON Project 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 ICON Project. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ICON Project Predictive Daily Indicators
ICON Project 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 ICON Project 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.
ICON Project Forecast Models
ICON Project's time-series forecasting models are one of many ICON Project'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 ICON Project'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 ICON Crypto Coin Analysis
Crypto Coin analysis is the technique used by a trader or investor to examine and evaluate how ICON Project 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 ICON 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 ICON Project. By using and applying ICON Crypto Coin analysis, traders can create a robust methodology for identifying ICON entry and exit points for their positions.
ICON Project 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 ICON Project to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICON Project. 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. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.