0x Financials
| ZRX Crypto | USD 0.50 0.01 2.04% |
0x |
Please note, the presentation of 0x's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 0x's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in 0x's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of 0x. Please utilize our Beneish M Score to check the likelihood of 0x's management manipulating its earnings.
0x Crypto Summary
0x competes with Solana, XRP, Open Network, Staked Ether, and Avalanche. 0x is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | NYSE Composite |
| Currency | USD - US Dollar |
0x Systematic Risk
0x's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 0x volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on 0x correlated with the market. If Beta is less than 0 0x generally moves in the opposite direction as compared to the market. If 0x Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 0x is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 0x is generally in the same direction as the market. If Beta > 1 0x moves generally in the same direction as, but more than the movement of the benchmark.
0x April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 0x help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 0x. We use our internally-developed statistical techniques to arrive at the intrinsic value of 0x based on widely used predictive technical indicators. In general, we focus on analyzing 0x Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 0x's daily price indicators and compare them against related drivers.
| Downside Deviation | 11.44 | |||
| Information Ratio | 0.1037 | |||
| Maximum Drawdown | 89.57 | |||
| Value At Risk | (16.18) | |||
| Potential Upside | 21.82 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 0x. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.