FKX Profile

FKX
 Crypto
  

USD 0.0254  0.0003  1.20%   

Market Performance
6 of 100
Odds Of Distress
Less than 41
FKX is trading at 0.0254 as of the 26th of November 2022, a 1.20 percent increase since the beginning of the trading day. FKX has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Cryptocurrency ratings for FKX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
FKX is peer-to-peer digital currency powered by the Blockchain technology. More on FKX
FKX is a market place for p-2-p internet money denominated as Cryptocurrency. FKX has been active in the last 3 months, and it is now expressing a bullish sentiment. Cryptocurrencies such as FKX 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 FKX 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.

FKX 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. FKX's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding FKX or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
FKX is way too risky over 90 days horizon
FKX has some characteristics of a very speculative cryptocurrency
FKX appears to be risky and price may revert if volatility continues
FKX 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 3 exchanges in multiple currencies. The FortKnoxster platform is an end-to-end encryption system leveraging on the Blockchain technology to establish secure and trusted communication links between its users.All files and communications are encrypted in the senders’ browser before they are sent to the servers. The decryption of data is only possible in the browser of the intended recipients. All communications and data are encrypted 24/7 on all devices.
SymbolFKX
RatingD-
Technology Adoption RatingE+
NameFKX
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2018-02-15
Full NameFortKnoxster (FKX)
Asset Website Urlhttps://fortknoxster.com/
Platform Typetoken
Coin NameFortKnoxster
Total Coins Mined150 Million
Smart Contract AddressView
FKX (FKX) is traded on CRYPTO Exchanges. FKX is peer-to-peer digital currency powered by the Blockchain technology.

FKX's Exchanges and Markets

HitBTC IDEX Kucoin

FKX Target Price Odds Analysis

What are FKX's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of FKX jumping above the current price in 90 days from now is about 71.27%. The FKX probability density function shows the probability of FKX crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon FKX has a beta of 0.3643. This usually indicates as returns on the market go up, FKX average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FKX will be expected to be much smaller as well. Moreover, the company has an alpha of 1.3284, implying that it can generate a 1.33 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 0.0254HorizonTargetOdds Above 0.0254
28.66%90 days
 0.0254 
71.27%
Based on a normal probability distribution, the odds of FKX to move above the current price in 90 days from now is about 71.27 (This FKX probability density function shows the probability of FKX Crypto Coin to fall within a particular range of prices over 90 days) .

FKX Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. FKX market risk premium is the additional return an investor will receive from holding FKX 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 FKX. 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 FKX's alpha and beta are two of the key measurements used to evaluate FKX's performance over the market, the standard measures of volatility play an important role as well.

FKX Technical Analysis

When it comes to investing in cryptocurrency, such as FKX, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of FKX, which is currently traded at 0.0254, shows everything you need to know about FKX market value. You don't have to consider the fundamental factors that affect a crypto asset, such as FKX, to determine its price movements. However, the FKX's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so FKX's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project FKX'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 FKX Price Series is a trigonometric function that describes price patterns.
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FKX Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in FKX 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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Equity Analysis

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How to invest in FKX

You need to understand the risk of getting into digital currencies such as FKX 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 FKX in four ways:

Buy FKX through an exchange

Get yourself a crypto wallet before embarking on your FKX 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 FKX. 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 FKX through an exchange

You don't have to buy a full token when starting out since FKX 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 FKX through a broker

If you don't want to store your FKX 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 FKX through an exchange-traded fund (ETF)

You can also invest in FKX 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 FKX 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
Explore Investing Ideas  
Please check Investing Opportunities. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for FKX Crypto Coin

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