Conflux Network Profile

CFX
 Crypto
  

USD 0.029  0.0004  1.40%   

Market Performance
0 of 100
Odds Of Distress
Over 56
Conflux Network is trading at 0.029 as of the 4th of December 2022, a 1.40 percent up since the beginning of the trading day. Conflux Network has over 56 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Cryptocurrency ratings for Conflux Network are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of October 2022 and ending today, the 4th of December 2022. Click here to learn more.
Conflux Network is peer-to-peer digital currency powered by the Blockchain technology. More on Conflux Network

Moving together with Conflux Network

+0.78BTCBitcoinPairCorr
+0.72XMRMoneroPairCorr
Conflux Network is an online market maker for p-2-p internet money called Cryptocurrency. Conflux Network has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Conflux Network are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Conflux Network are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Conflux Network Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Conflux Network's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Conflux Network or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Conflux Network generated a negative expected return over the last 90 days
Conflux Network has high historical volatility and very poor performance
Conflux Network has some characteristics of a very speculative cryptocurrency
Conflux Network is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 7 exchanges in multiple currencies.
AlgorithmOctopus
Coin TypeConflux Network
Proof TypePoW
Conflux Network (CFX) is traded on CRYPTO Exchanges. Conflux Network is peer-to-peer digital currency powered by the Blockchain technology.

Conflux Network's Exchanges and Markets

BitMart Binance DigiFinex ZB Kucoin Bibox CoinEx

Conflux Network Target Price Odds Analysis

What are Conflux Network's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Conflux Network jumping above the current price in 90 days from now is about 88.34%. The Conflux Network probability density function shows the probability of Conflux Network crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Conflux Network has a beta of 0.1864 suggesting as returns on the market go up, Conflux Network average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Conflux Network will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Conflux Network is significantly underperforming NYSE Composite.
  Odds Below 0.029HorizonTargetOdds Above 0.029
11.62%90 days
 0.029 
88.34%
Based on a normal probability distribution, the odds of Conflux Network to move above the current price in 90 days from now is about 88.34 (This Conflux Network probability density function shows the probability of Conflux Crypto Coin to fall within a particular range of prices over 90 days) .

Conflux Network Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Conflux Network market risk premium is the additional return an investor will receive from holding Conflux Network long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Conflux Network. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Conflux Network's alpha and beta are two of the key measurements used to evaluate Conflux Network's performance over the market, the standard measures of volatility play an important role as well.

Conflux Network Technical Analysis

When it comes to investing in cryptocurrency, such as Conflux Network, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Conflux Network, which is currently traded at 0.029, shows everything you need to know about Conflux Network market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Conflux, to determine its price movements. However, the Conflux Network's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Conflux Network's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Conflux Network's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cosine Of Conflux Network Price Series is a trigonometric function that describes price patterns.
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Conflux Network Against Markets

Picking the right benchmark for Conflux Network crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Conflux Network crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Conflux Network is critical whether you are bullish or bearish towards Conflux Network at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Conflux Network without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in Conflux Network

You need to understand the risk of getting into digital currencies such as CFX before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Conflux Network in four ways:

Buy CFX through an exchange

Get yourself a crypto wallet before embarking on your Conflux Network journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Conflux Network. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Conflux Network through an exchange

You don't have to buy a full token when starting out since CFX is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Conflux Network through a broker

If you don't want to store your Conflux Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in CFX through an exchange-traded fund (ETF)

You can also invest in CFX through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Conflux Network in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
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Continue to Trending Equities. Note that the Conflux Network information on this page should be used as a complementary analysis to other Conflux Network'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Tools for Conflux Crypto Coin

When running Conflux Network price analysis, check to measure Conflux Network's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Conflux Network is operating at the current time. Most of Conflux Network's value examination focuses on studying past and present price actions to predict the probability of Conflux Network's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Conflux Network's coin price. Additionally, you may evaluate how adding Conflux Network to your portfolios can decrease your overall portfolio volatility.
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