Maker Profile

MKR
 Crypto
  

USD 619.49  1.68  0.27%   

Market Performance
0 of 100
Odds Of Distress
Less than 48
Maker is trading at 619.49 as of the 8th of December 2022, a -0.27 percent decrease since the beginning of the trading day. Maker has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for Maker are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2022 and ending today, the 8th of December 2022. Click here to learn more.
Maker is peer-to-peer digital currency powered by the Blockchain technology. More on Maker

Moving together with Maker

+0.61XRPXRPPairCorr
Maker is an online market maker for peer-to-peer digital cash-like asset called Cryptocurrency. Maker has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Maker 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 Maker 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.

Maker 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. Maker's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Maker or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Maker generated a negative expected return over the last 90 days
Maker has high historical volatility and very poor performance
Maker 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 28 exchanges in multiple currencies. Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).
Coin TypeMaker
SymbolMKR
RatingB-
Market Performance RatingC-
NameMKR
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2015-08-15
Full NameMaker (MKR)
Asset Website Urlhttps://makerdao.com/en/
Platform Typetoken
Coin NameMaker
Total Coins Mined977,631.04
Smart Contract AddressView
Maker (MKR) is traded on CRYPTO Exchanges. Maker is peer-to-peer digital currency powered by the Blockchain technology.

Maker's Exchanges and Markets

CoinJar Bitstamp Coinbase Kraken Switcheo Poloniex IQFinex BitMart Binance Korbit DigiFinex Bitkub Everbloom Gemini Bithumb LBank Liquid HitBTC Bitfinex Yobit DDEX IDEX Kucoin Exmo Bibox Bitso CoinEx Tokenomy

Maker Target Price Odds Analysis

What are Maker's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Maker jumping above the current price in 90 days from now is about 87.5%. The Maker probability density function shows the probability of Maker crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Maker has a beta of -1.0133. This indicates Additionally, the company has an alpha of 0.0079, implying that it can generate a 0.007937 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 619.49HorizonTargetOdds Above 619.49
12.45%90 days
 619.49 
87.50%
Based on a normal probability distribution, the odds of Maker to move above the current price in 90 days from now is about 87.5 (This Maker probability density function shows the probability of Maker Crypto Coin to fall within a particular range of prices over 90 days) .

Maker Risk Profiles

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

Maker Technical Analysis

When it comes to investing in cryptocurrency, such as Maker, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Maker, which is currently traded at 619.49, shows everything you need to know about Maker market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Maker, to determine its price movements. However, the Maker's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Maker's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Maker's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Maker Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Maker price patterns.
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Maker Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Maker 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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Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
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How to invest in Maker

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

Buy MKR through an exchange

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

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

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

You can also invest in MKR 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 Maker 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. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Tools for Maker Crypto Coin

When running Maker price analysis, check to measure Maker's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Maker is operating at the current time. Most of Maker's value examination focuses on studying past and present price actions to predict the probability of Maker's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Maker's coin price. Additionally, you may evaluate how adding Maker to your portfolios can decrease your overall portfolio volatility.
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Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
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Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
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Transaction History
View history of all your transactions and understand their impact on performance
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Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
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Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
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Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
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Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
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Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
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Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
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Technical Analysis
Check basic technical indicators and analysis based on most latest market data
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Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
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Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
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