PURA Profile

PURA
 Crypto
  

USD 0.0335  0.0157  88.20%   

Market Performance
7 of 100
Odds Of Distress
Over 97
PURA is trading at 0.0335 as of the 9th of December 2022, a 88.20 percent increase since the beginning of the trading day. PURA has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Cryptocurrency ratings for PURA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.
PURA is peer-to-peer digital currency powered by the Blockchain technology. More on PURA
PURA is an internet market maker for p2p online currency indicated as Cryptocurrency. PURA has been active in the last 3 months, and it is currently expressing a bullish sentiment. Cryptocurrencies such as PURA 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 PURA 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.

PURA 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. PURA's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding PURA or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
PURA is way too risky over 90 days horizon
PURA has some characteristics of a very speculative cryptocurrency
PURA appears to be risky and price may revert if volatility continues
PURA 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 few exchanges in multiple currencies. Pura is a PoW cryptocurrency based on the X11 algorithm. It is a cryptocurrency that directly funds fully transparent, blockchain-tracked, sustainable environmental and social projects around the globe, removing the need to simply trust a non-profit or pro-social cause based on good faith alone. PURA are digital coins that can be used for payment across the internet. PURA has the objective of becoming a global payment coin. PURA enables fast transactions directly, privately and instantly without the need of a bank or middleman.Click here for Masternode stats from masternodes.online.
IndustryFinancial and Insurance Activities
FINMAPayment
FCAExchange
AccessPermissionless
Collateralized AssetNo
SymbolPURA
Difficulty15.897795984274
RatingE+
Technology Adoption RatingE+
NamePURA
Proof TypePoW
Sponsoredfalse
Block Reward25.16
AlgorithmX11
Is Tradingtrue
Net Hashes Per Second364.74 Million
Asset Launch Date2017-08-28
Full NamePura (PURA)
Asset Website Urlhttps://mypura.io/
Block Number411,728
Platform Typeblockchain
Coin NamePura
Total Coins Mined188.36 Million
PURA (PURA) is traded on CRYPTO Exchanges. PURA is peer-to-peer digital currency powered by the Blockchain technology.

PURA's Exchanges and Markets

Kucoin

PURA Target Price Odds Analysis

What are PURA's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of PURA jumping above the current price in 90 days from now is near 1%. The PURA probability density function shows the probability of PURA crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PURA has a beta of -0.0584 indicating as returns on benchmark increase, returns on holding PURA are expected to decrease at a much lower rate. During the bear market, however, PURA is likely to outperform the market. Moreover, the company has an alpha of 1.0861, implying that it can generate a 1.09 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.0335HorizonTargetOdds Above 0.0335
100.00%90 days
 0.0335 
0.00%
Based on a normal probability distribution, the odds of PURA to move above the current price in 90 days from now is near 1 (This PURA probability density function shows the probability of PURA Crypto Coin to fall within a particular range of prices over 90 days) .

PURA Risk Profiles

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

PURA Technical Analysis

When it comes to investing in cryptocurrency, such as PURA, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of PURA, which is currently traded at 0.0335, shows everything you need to know about PURA market value. You don't have to consider the fundamental factors that affect a crypto asset, such as PURA, to determine its price movements. However, the PURA's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so PURA's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project PURA's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. PURA Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe PURA price patterns.
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PURA Against Markets

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

Be your own crypto manager

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

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

Buy PURA through an exchange

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

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

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

You can also invest in PURA 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 PURA 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 Your Equity Center. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Other Tools for PURA Crypto Coin

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