THR Profile

THR
 Crypto
  

USD 6,897  5,409  363.48%   

Market Performance
9 of 100
Odds Of Distress
Over 97
THR is trading at 6896.61 as of the 9th of December 2022, a 363.48 percent up since the beginning of the trading day. THR 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 THR 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.
THR is peer-to-peer digital currency powered by the Blockchain technology. More on THR
THR is an internet market maker for peer-to-peer digital currency indicated as Cryptocurrency. THR has been active in the last 3 months, and it is now expressing a bullish sentiment. Cryptocurrencies such as THR 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 THR 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.

THR 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. THR's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding THR or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
THR is way too risky over 90 days horizon
THR appears to be risky and price may revert if volatility continues
THR 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. THR represents a basket of top-traded high-demand coins Simply put, it’s a Basket of Multiple cryptocurrencies in which the user can invest by buying tokens, without the need to buy each cryptocurrency separately It’s an opportunity to participate in the growth of cryptocurrencies It’s a simple and comprehensible solution as the user need to monitor only one price – the price of the #THR Token by buying a token, user gets a share in this portfolio, THR token is traded like any other coin 24/7.
SymbolTHR
RatingE-
Technology Adoption RatingE-
Market Performance RatingE+
NameTHR
Mkt Cap Penalty99.99
Sponsoredfalse
Built OnWAVES
Is Tradingtrue
Asset Launch Date2018-02-24
Full NameThorecoin (THR)
Asset Website Urlhttps://www.thorecoin.com/
Platform Typetoken
Coin NameThorecoin
Total Coins Mined1.11 Million
Smart Contract AddressView
THR (THR) is traded on CRYPTO Exchanges. THR is peer-to-peer digital currency powered by the Blockchain technology.

THR's Exchanges and Markets

THR Target Price Odds Analysis

What are THR's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of THR jumping above the current price in 90 days from now is near 1%. The THR probability density function shows the probability of THR crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the crypto coin has a beta coefficient of 1.2858. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, THR will likely underperform. In addition to that, the company has an alpha of 5.4246, implying that it can generate a 5.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 6896.61HorizonTargetOdds Above 6896.61
100.00%90 days
 6,897 
0.00%
Based on a normal probability distribution, the odds of THR to move above the current price in 90 days from now is near 1 (This THR probability density function shows the probability of THR Crypto Coin to fall within a particular range of prices over 90 days) .

THR Risk Profiles

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

THR Technical Analysis

When it comes to investing in cryptocurrency, such as THR, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of THR, which is currently traded at 6896.61, shows everything you need to know about THR market value. You don't have to consider the fundamental factors that affect a crypto asset, such as THR, to determine its price movements. However, the THR's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so THR's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project THR's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. THR Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe THR price patterns.
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THR Against Markets

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

Be your own crypto manager

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

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

Buy THR through an exchange

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

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

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

You can also invest in THR 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 THR 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 THR information on this page should be used as a complementary analysis to other THR'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Other Tools for THR Crypto Coin

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