0x Buy Hold or Sell Recommendation

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ZRX -- USA Crypto  

USD 0.39  0.01  2.63%

Assuming the 30 trading days horizon, and your above-average risk tolerance our recommendation regarding 0x is 'Strong Sell'. Macroaxis provides 0x buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 0x positions. The advice algorithm takes into account all of 0x available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from 0x buy-and-hold perspective. Check out 0x Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool.

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Time Horizon

Risk Tolerance

Execute Advice
Sell 0xBuy 0x
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
For the selected time horizon 0x has a mean deviation of 5.04, semi deviation of 4.14, standard deviation of 8.76, variance of 76.82, downside variance of 27.34 and semi variance of 17.1
We provide buy or sell advice to complement the prevailing expert consensus on 0x. Our dynamic recommendation engine makes use of a multidimensional algorithm to analyze the crypto's potential to grow using all technical and fundamental data available at this particular time.

0x Trading Alerts and Improvement Suggestions

0x appears to be very risky and stock price may revert if volatility continues
0x has some characteristics of a very speculative cryptocurrency
Latest headline from www.coindesk.com: Crypto.com Tech Upgrade Paves Way for Derivatives Trading - CoinDesk - CoinDesk

0x Returns Distribution Density

The chart of the probability distribution of 0x stock daily returns describes the distribution of returns around its average expected value. We use 0x' stock's Value At Risk and its Upside Potential as a relative measure of the distribution. The distribution of 0x returns is essential to provide solid investment advice for 0x stock.
Mean Return1.73Value At Risk-6.63
Potential Upside11.43Standard Deviation8.76
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of 0x historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

0x Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to 0x or 0x sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that 0x stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a 0x stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
=1.94
β
Beta against DOW=-0.86
σ
Overall volatility
=9.14
Ir
Information ratio =0.17

0x Volatility Alert

0x is displaying above-average volatility of 8.76 over the selected time horizon. Investors should scrutinize 0x independently to ensure intended market timing strategies are aligned with expectations about 0x volatility. 0x is a potential penny crypto. Although 0x may be in fact a good instrument to invest, many penny crypto coins are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in 0x. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

About 0x Buy or Sell Advice

When is the right time to buy or sell 0x? Buying cryptos such as 0x isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily bases. Although 0x investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply. Please read more on our stock advisor page.

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Check out 0x Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments please use Instant Ratings tool. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page