Gala Profile

GALA
 Crypto
  

USD 0.0259  0.001  4.02%   

Market Performance
0 of 100
Odds Of Distress
Less than 38
Gala is trading at 0.0259 as of the 5th of December 2022, a 4.02 percent increase since the beginning of the trading day. Gala has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Cryptocurrency ratings for Gala are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of December 2020 and ending today, the 5th of December 2022. Click here to learn more.
Gala is peer-to-peer digital currency powered by the Blockchain technology. More on Gala
Gala is an online market maker for P2P digital cash denominated as Cryptocurrency. Gala has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Gala 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 Gala 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.

Gala 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. Gala's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Gala or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Gala generated a negative expected return over the last 90 days
Gala has high historical volatility and very poor performance
Gala has some characteristics of a very speculative cryptocurrency
Gala 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 20 exchanges in multiple currencies.
Coin TypeGala
Gala (GALA) is traded on CRYPTO Exchanges. Gala is peer-to-peer digital currency powered by the Blockchain technology.

Gala's Exchanges and Markets

Bitstamp Coinbase Kraken Poloniex BitMart Binance Korbit DigiFinex Gemini Bithumb LBank Liquid HitBTC Bitfinex ZB Kucoin Coinone Bibox Bitso CoinEx

Gala Target Price Odds Analysis

What are Gala's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Gala jumping above the current price in 90 days from now is about 91.5%. The Gala probability density function shows the probability of Gala crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Gala has a beta of -0.569. This usually indicates as returns on benchmark increase, returns on holding Gala are expected to decrease at a much lower rate. During the bear market, however, Gala is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Gala is significantly underperforming NYSE Composite.
  Odds Below 0.0259HorizonTargetOdds Above 0.0259
8.46%90 days
 0.0259 
91.50%
Based on a normal probability distribution, the odds of Gala to move above the current price in 90 days from now is about 91.5 (This Gala probability density function shows the probability of Gala Crypto Coin to fall within a particular range of prices over 90 days) .

Gala Risk Profiles

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

Gala Technical Analysis

When it comes to investing in cryptocurrency, such as Gala, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Gala, which is currently traded at 0.0259, shows everything you need to know about Gala market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Gala, to determine its price movements. However, the Gala's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Gala's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Gala's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Gala Square Root Of Price Series is a mathematical transformation function.
.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Gala 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.

Did you try this?

Run Content Syndication Now

   

Content Syndication

Quickly integrate customizable finance content to your own investment portal
All  Next Launch Module

How to invest in Gala

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

Buy GALA through an exchange

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

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

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

You can also invest in GALA 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 Gala 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 Risk vs Return Analysis. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Gala Crypto Coin

When running Gala price analysis, check to measure Gala's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Gala is operating at the current time. Most of Gala's value examination focuses on studying past and present price actions to predict the probability of Gala's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Gala's coin price. Additionally, you may evaluate how adding Gala to your portfolios can decrease your overall portfolio volatility.
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go