Stacks Profile

STX
 Crypto
  

USD 0.26  0.01  3.70%   

Market Performance
0 of 100
Odds Of Distress
Less than 33
Stacks is trading at 0.26 as of the 9th of December 2022, a -3.7 percent decrease since the beginning of the trading day. Stacks has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Cryptocurrency ratings for Stacks 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.
Stacks is peer-to-peer digital currency powered by the Blockchain technology. More on Stacks
Stacks is an online market maker for peer-to-peer digital currency indicated as Cryptocurrency. Stacks has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Stacks 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 Stacks 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.

Stacks 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. Stacks' investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Stacks or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Stacks generated a negative expected return over the last 90 days
Stacks has high historical volatility and very poor performance
Stacks has some characteristics of a very speculative cryptocurrency
Stacks 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 7 exchanges in multiple currencies.
Coin TypeStacks
Proof TypePoX
Stacks (STX) is traded on CRYPTO Exchanges. Stacks is peer-to-peer digital currency powered by the Blockchain technology.

Stacks' Exchanges and Markets

Coinbase Kraken Binance Korbit Liquid Kucoin CoinEx

Stacks Target Price Odds Analysis

What are Stacks' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Stacks jumping above the current price in 90 days from now is about 75.23%. The Stacks probability density function shows the probability of Stacks crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Stacks has a beta of -0.4817. This usually implies as returns on benchmark increase, returns on holding Stacks are expected to decrease at a much lower rate. During the bear market, however, Stacks 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. Stacks is significantly underperforming NYSE Composite.
  Odds Below 0.26HorizonTargetOdds Above 0.26
24.68%90 days
 0.26 
75.23%
Based on a normal probability distribution, the odds of Stacks to move above the current price in 90 days from now is about 75.23 (This Stacks probability density function shows the probability of Stacks Crypto Coin to fall within a particular range of prices over 90 days) .

Stacks Risk Profiles

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

Stacks Technical Analysis

When it comes to investing in cryptocurrency, such as Stacks, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Stacks, which is currently traded at 0.26, shows everything you need to know about Stacks market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Stacks, to determine its price movements. However, the Stacks' price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Stacks' future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Stacks' future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Stacks Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Stacks price patterns.
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Stacks Against Markets

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

Be your own crypto manager

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

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

Buy STX through an exchange

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

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

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

You can also invest in STX 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 Stacks 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. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Tools for Stacks Crypto Coin

When running Stacks price analysis, check to measure Stacks' coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Stacks is operating at the current time. Most of Stacks' value examination focuses on studying past and present price actions to predict the probability of Stacks' future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Stacks' coin price. Additionally, you may evaluate how adding Stacks to your portfolios can decrease your overall portfolio volatility.
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Fundamentals Comparison
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Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
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Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
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Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
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