Dai Profile

Dai is trading at 1.0 as of the 29th of September 2022, a No Change since the beginning of the trading day. Cryptocurrency ratings for Dai are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2022 and ending today, the 29th of September 2022. Click here to learn more.
Dai is an online market maker for p-2-p internet money denominated as Cryptocurrency. Please note that Dai has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as Dai 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 Dai 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.

Dai 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. Dai's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Dai or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Dai is not yet fully synchronised with the market data
Dai generated a negative expected return over the last 90 days
Dai has some characteristics of a very speculative cryptocurrency
Thematic IdeaUSD Crypto Fund (view all)
Dai 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 31 exchanges in multiple currencies.
Coin TypeDai

Dai Against Markets

Picking the right benchmark for Dai 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 Dai 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 Dai is critical whether you are bullish or bearish towards Dai at a given time.

Dai Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dai crypto coin to make a market-neutral strategy. Peer analysis of Dai could also be used in its relative valuation, which is a method of valuing Dai by comparing valuation metrics with similar companies.
XRPSolanaPolkadotChainlinkPolygonFTX TokenAvalancheUniswap Protocol TokenStaked EtherTRONStellarAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 Covered
 Risk & Return  Correlation

Investing Ideas

In addition to having Dai 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 Investing Opportunities. Note that the Dai information on this page should be used as a complementary analysis to other Dai'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Tools for Dai Crypto Coin

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