Mina Protocol Technical Analysis

MINA Crypto  USD 0.85  0.04  4.49%   
As of the 20th of March, Mina Protocol secures the Downside Deviation of 5.51, mean deviation of 6.14, and Risk Adjusted Performance of 0.1378. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mina Protocol, as well as the relationship between them. Strictly speaking, you can use this information to find out if the crypto will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Mina Protocol, which can be compared to its peers in the industry. Please verify Mina Protocol jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Mina Protocol is priced some-what accurately, providing market reflects its recent price of 0.85 per share.
  

Mina Protocol Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mina Protocol, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Mina Protocol
Mina Protocol's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Mina Protocol technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.
A focus of Mina Protocol technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mina Protocol trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Mina Protocol Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Normalized Average True Range is used to analyze tradable apportunities for Mina Protocol across different markets.
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Mina Protocol Trend Analysis

Use this graph to draw trend lines for Mina Protocol. You can use it to identify possible trend reversals for Mina Protocol as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mina Protocol price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Mina Protocol Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mina Protocol applied against its price change over selected period. The best fit line has a slop of   0.008452  , which means Mina Protocol will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.7, which is the sum of squared deviations for the predicted Mina Protocol price change compared to its average price change.

About Mina Protocol Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Mina Protocol on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Mina Protocol based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on Mina Protocol price pattern first instead of the macroeconomic environment surrounding Mina Protocol. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of Mina Protocol's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to Mina Protocol specific price patterns or momentum indicators.

Mina Protocol March 20, 2023 Technical Indicators

Most technical analysis of Mina Protocol help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mina Protocol from various momentum indicators to cycle indicators. When you analyze Mina Protocol charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Additionally, see Correlation Analysis. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for analysis

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