Persistence Profile

XPRT
 Crypto
  

USD 0.57  0.01  1.79%   

Market Performance
0 of 100
Odds Of Distress
Over 57
Persistence is trading at 0.57 as of the 9th of December 2022, a 1.79% increase since the beginning of the trading day. Persistence has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Cryptocurrency ratings for Persistence are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of October 2022 and ending today, the 9th of December 2022. Click here to learn more.
Persistence is peer-to-peer digital currency powered by the Blockchain technology. More on Persistence
Persistence is an online market maker for p2p online currency indicated as Cryptocurrency. Persistence has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Persistence 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 Persistence 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.

Persistence 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. Persistence's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Persistence or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Persistence has very high historical volatility over the last 90 days
Persistence has some characteristics of a very speculative cryptocurrency
Persistence 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.
Coin TypePersistence
Persistence (XPRT) is traded on CRYPTO Exchanges. Persistence is peer-to-peer digital currency powered by the Blockchain technology.

Persistence's Exchanges and Markets

Kucoin CoinEx

Persistence Target Price Odds Analysis

What are Persistence's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Persistence jumping above the current price in 90 days from now is about 86.85%. The Persistence probability density function shows the probability of Persistence crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Persistence has a beta of -0.1822. This entails as returns on benchmark increase, returns on holding Persistence are expected to decrease at a much lower rate. During the bear market, however, Persistence 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. Persistence is significantly underperforming NYSE Composite.
  Odds Below 0.57HorizonTargetOdds Above 0.57
13.06%90 days
 0.57 
86.85%
Based on a normal probability distribution, the odds of Persistence to move above the current price in 90 days from now is about 86.85 (This Persistence probability density function shows the probability of Persistence Crypto Coin to fall within a particular range of prices over 90 days) .

Persistence Risk Profiles

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

Persistence Technical Analysis

When it comes to investing in cryptocurrency, such as Persistence, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Persistence, which is currently traded at 0.57, shows everything you need to know about Persistence market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Persistence, to determine its price movements. However, the Persistence's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Persistence's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Persistence's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Persistence Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Persistence price patterns.
.

Persistence Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Persistence 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 Bollinger Bands Now

   

Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
All  Next Launch Module

How to invest in Persistence

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

Buy XPRT through an exchange

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

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

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

You can also invest in XPRT 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 Persistence 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  
Check out Your Current Watchlist. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Tools for Persistence Crypto Coin

When running Persistence price analysis, check to measure Persistence's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Persistence is operating at the current time. Most of Persistence's value examination focuses on studying past and present price actions to predict the probability of Persistence's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Persistence's coin price. Additionally, you may evaluate how adding Persistence to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go