Ocean Protocol Profile

OCEAN
  

USD 0.13  0.01  8.33%   

Market Performance
0 of 100
Odds Of Distress
Over 90
Ocean Protocol is trading at 0.13 as of the 26th of November 2022, a 8.33 percent increase since the beginning of the trading day. Ocean Protocol has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Cryptocurrency ratings for Ocean Protocol 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.
Ocean Protocol is peer-to-peer digital currency powered by the Blockchain technology. More on Ocean Protocol
Ocean Protocol is an online market maker for p2p online currency indicated as Cryptocurrency. Ocean Protocol has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Ocean Protocol 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 Ocean Protocol 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.

Ocean Protocol 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. Ocean Protocol's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Ocean Protocol or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Ocean Protocol has very high historical volatility over the last 90 days
Ocean Protocol has some characteristics of a very speculative cryptocurrency
Ocean Protocol 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 13 exchanges in multiple currencies. Ocean Protocol is an ecosystem for the data economy and associated services, with a tokenized service layer that securely exposes data, storage, compute and algorithms for consumption. Users of the data will pay to access these sources with cryptocurrency. The marketplaces built on Ocean Protocol will allow data.Ocean Protocol claims to help developers build marketplaces and other apps to privately & securely publish, exchange, and consume data.On September 27, 2020 Ocean Protocol Foundation initiated a hard fork of the Ocean Token contract as described in this announcement. All Ocean token balances from the previous contract are reflected on Ocean new token contract.Etherscan has recognized the new contract and wallet balances can be verified on Etherscan’s website.
Coin TypeOcean Protocol
SymbolOCEAN
RatingC-
NameOCEAN
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2019-04-23
Full NameOcean Protocol (OCEAN)
Asset Website Urlhttps://oceanprotocol.com/
Platform Typetoken
Coin NameOcean Protocol
Total Coins Mined613.1 Million
Smart Contract AddressView
Ocean Protocol (OCEAN) is traded on CRYPTO Exchanges. Ocean Protocol is peer-to-peer digital currency powered by the Blockchain technology.

Ocean Protocol's Exchanges and Markets

Coinbase Kraken Poloniex BitMart Binance Korbit DigiFinex Bithumb HitBTC Bitfinex Kucoin Bibox CoinEx

Ocean Protocol Target Price Odds Analysis

What are Ocean Protocol's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ocean Protocol jumping above the current price in 90 days from now is about 90.3%. The Ocean Protocol probability density function shows the probability of Ocean Protocol crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ocean Protocol has a beta of -0.9591. This indicates Additionally, the company has an alpha of 0.2567, implying that it can generate a 0.26 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 0.13HorizonTargetOdds Above 0.13
9.66%90 days
 0.13 
90.30%
Based on a normal probability distribution, the odds of Ocean Protocol to move above the current price in 90 days from now is about 90.3 (This Ocean Protocol probability density function shows the probability of Ocean Crypto Coin to fall within a particular range of prices over 90 days) .

Ocean Protocol Risk Profiles

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

Ocean Protocol Technical Analysis

When it comes to investing in cryptocurrency, such as Ocean Protocol, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Ocean Protocol, which is currently traded at 0.13, shows everything you need to know about Ocean Protocol market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Ocean, to determine its price movements. However, the Ocean Protocol's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Ocean Protocol's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Ocean Protocol'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 Ocean Protocol Price Series is a trigonometric function that describes price patterns.
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Ocean Protocol Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Ocean Protocol 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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How to invest in Ocean Protocol

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

Buy OCEAN through an exchange

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

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

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

You can also invest in OCEAN 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 Ocean Protocol 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.
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Please check Your Equity Center. Note that the Ocean Protocol information on this page should be used as a complementary analysis to other Ocean Protocol'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Tools for Ocean Crypto Coin

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