Merit Circle Profile

MC
 Crypto
  

USD 0.42  0.01  2.44%   

Market Performance
0 of 100
Odds Of Distress
Over 60
Merit Circle is trading at 0.42 as of the 26th of November 2022, a 2.44 percent increase since the beginning of the trading day. Merit Circle has more than 60 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Cryptocurrency ratings for Merit Circle are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of September 2022 and ending today, the 26th of November 2022. Click here to learn more.
Merit Circle is peer-to-peer digital currency powered by the Blockchain technology. More on Merit Circle
Merit Circle is an online market maker for peer-to-peer digital cash-like asset called Cryptocurrency. Merit Circle has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Merit Circle 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 Merit Circle 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.

Merit Circle 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. Merit Circle's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Merit Circle or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Merit Circle generated a negative expected return over the last 90 days
Merit Circle has high historical volatility and very poor performance
Merit Circle has some characteristics of a very speculative cryptocurrency
Merit Circle 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 8 exchanges in multiple currencies.
Coin TypeMerit Circle
Merit Circle (MC) is traded on CRYPTO Exchanges. Merit Circle is peer-to-peer digital currency powered by the Blockchain technology.

Merit Circle's Exchanges and Markets

Kraken Poloniex BitMart Binance Gemini LBank HitBTC CoinEx

Merit Circle Target Price Odds Analysis

What are Merit Circle's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Merit Circle jumping above the current price in 90 days from now is about 97.0%. The Merit Circle probability density function shows the probability of Merit Circle crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Merit Circle has a beta of -0.0348. This indicates as returns on benchmark increase, returns on holding Merit Circle are expected to decrease at a much lower rate. During the bear market, however, Merit Circle 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. Merit Circle is significantly underperforming DOW.
  Odds Below 0.42HorizonTargetOdds Above 0.42
2.80%90 days
 0.42 
97.19%
Based on a normal probability distribution, the odds of Merit Circle to move above the current price in 90 days from now is about 97.0 (This Merit Circle probability density function shows the probability of Merit Crypto Coin to fall within a particular range of prices over 90 days) .

Merit Circle Risk Profiles

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

Merit Circle Technical Analysis

When it comes to investing in cryptocurrency, such as Merit Circle, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Merit Circle, which is currently traded at 0.42, shows everything you need to know about Merit Circle market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Merit, to determine its price movements. However, the Merit Circle's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Merit Circle's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Merit Circle'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 Merit Circle Price Series is a trigonometric function that describes price patterns.
.

Merit Circle Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Merit Circle 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 Idea Optimizer Now

   

Idea Optimizer

Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
All  Next Launch Module

How to invest in Merit Circle

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

Buy MC through an exchange

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

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

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

You can also invest in MC 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 Merit Circle 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  
Additionally, see Correlation Analysis. Note that the Merit Circle information on this page should be used as a complementary analysis to other Merit Circle'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for Merit Crypto Coin

When running Merit Circle price analysis, check to measure Merit Circle's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Merit Circle is operating at the current time. Most of Merit Circle's value examination focuses on studying past and present price actions to predict the probability of Merit Circle's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Merit Circle's coin price. Additionally, you may evaluate how adding Merit Circle to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go