SHIFT Profile

SHIFT
  

USD 1.90  1.32  227.59%   

Market Performance
8 of 100
Odds Of Distress
Over 97
SHIFT is trading at 1.90 as of the 9th of December 2022, a 227.59 percent up since the beginning of the trading day. SHIFT 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 SHIFT are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2020 and ending today, the 9th of December 2022. Click here to learn more.
SHIFT is peer-to-peer digital currency powered by the Blockchain technology. More on SHIFT
SHIFT is a market place for peer-to-peer digital currency indicated as Cryptocurrency. SHIFT has been active in the last 3 months, and it is now expressing a bullish sentiment. Cryptocurrencies such as SHIFT 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 SHIFT 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.

SHIFT 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. SHIFT's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding SHIFT or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
SHIFT is way too risky over 90 days horizon
SHIFT may become a speculative penny crypto
SHIFT appears to be risky and price may revert if volatility continues
SHIFT 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. Shif is a dApp-ready, delegated Proof of Stake cryptocurrency with the interplanetary file system - for a decentralized, resilient and highly extensible web 3.0 platform.The Shift blockchain facilitates a decentralized and immutable means of governance that is consulted by the Phoenix Cluster.The Shift blockchain runs using a Lisk-based DPoS consensus engine, where 101 delegated nodes oversee the sequential forging of blocks. The selection process involves token holders selecting appropriate delegates. Each user account can vote for 101 delegates, a vote representing their ongoing account balance. This balance or ‘vote weight’ is used to rank and select the 101 forging delegates every 101 assigned blocks.
SymbolSHIFT
RatingD-
Technology Adoption RatingD-
NameSHIFT
Proof TypeDPoS
Sponsoredfalse
AlgorithmDPoS
Is Tradingtrue
Asset Launch Date2016/05/24
Full NameShift (SHIFT)
Asset Website Urlhttp://www.shiftnrg.org/
Block Number5.14 Million
Platform Typeblockchain
Coin NameShift
Total Coins Mined14.84 Million
SHIFT (SHIFT) is traded on CRYPTO Exchanges. SHIFT is peer-to-peer digital currency powered by the Blockchain technology.

SHIFT's Exchanges and Markets

SHIFT Target Price Odds Analysis

What are SHIFT's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SHIFT jumping above the current price in 90 days from now is near 1%. The SHIFT probability density function shows the probability of SHIFT crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SHIFT has a beta of 0.4338. This usually implies as returns on the market go up, SHIFT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SHIFT will be expected to be much smaller as well. In addition to that, the company has an alpha of 3.1453, implying that it can generate a 3.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1.9HorizonTargetOdds Above 1.9
100.00%90 days
 1.90 
0.00%
Based on a normal probability distribution, the odds of SHIFT to move above the current price in 90 days from now is near 1 (This SHIFT probability density function shows the probability of SHIFT Crypto Coin to fall within a particular range of prices over 90 days) .

SHIFT Risk Profiles

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

SHIFT Technical Analysis

When it comes to investing in cryptocurrency, such as SHIFT, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of SHIFT, which is currently traded at 1.9, shows everything you need to know about SHIFT market value. You don't have to consider the fundamental factors that affect a crypto asset, such as SHIFT, to determine its price movements. However, the SHIFT's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so SHIFT's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project SHIFT's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SHIFT Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SHIFT price patterns.
.

SHIFT Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in SHIFT 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 Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Module

How to invest in SHIFT

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

Buy SHIFT through an exchange

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

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

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

You can also invest in SHIFT 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 SHIFT 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, take a look at World Market Map. Note that the SHIFT information on this page should be used as a complementary analysis to other SHIFT'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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Other Tools for SHIFT Crypto Coin

When running SHIFT price analysis, check to measure SHIFT's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy SHIFT is operating at the current time. Most of SHIFT's value examination focuses on studying past and present price actions to predict the probability of SHIFT's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move SHIFT's coin price. Additionally, you may evaluate how adding SHIFT to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go