ZCash Profile

ZEC
 Crypto
  

USD 55.29  0.39  0.70%   

Market Performance
0 of 100
Odds Of Distress
Less than 47
ZCash is trading at 55.29 as of the 3rd of October 2022, a -0.7 percent down since the beginning of the trading day. ZCash has 47 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for ZCash are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of October 2020 and ending today, the 3rd of October 2022. Click here to learn more.
ZCash is peer-to-peer digital currency powered by the Blockchain technology. More on ZCash

Moving together with ZCash

+0.78BTCBitcoinPairCorr
+0.74DOGEDogecoinPairCorr
+0.74LTCLitecoinPairCorr
+0.62ETCEthereum ClassicPairCorr
ZCash is an online market maker for p-to-p digital money denominated as Cryptocurrency. ZCash has been active in the last 3 months, and it is currently trading with a bearish sentiment. Cryptocurrencies such as ZCash 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 ZCash 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.

ZCash 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. ZCash's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding ZCash or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
ZCash has very high historical volatility over the last 90 days
ZCash 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 33 exchanges in multiple currencies. ZCash is a privacy driven cryptocurrency. It uses the Equihash as an algorithm, which is an asymmetric memory-hard Proof of Work algorithm based on the generalized birthday problem. It relies on high RAM requirements to bottleneck the generation of proofs and making ASIC development unfeasible. ZCash uses zero-knowledge Succinct Non-interactive Arguments of Knowledge (zk-SNARKs) to ensure that all information (sender, receiver, amount) is encrypted, without the possibility of double-spending. The only information that is revealed regarding transactions is the time in which they take place.
AlgorithmEquihash
Coin TypeZCash
Proof TypePoW
IndustryFinancial and Insurance Activities
FINMAPayment
FCAExchange
AccessPermissionless
Collateralized AssetNo
SymbolZEC
Difficulty96.73 Million
Technology Adoption RatingB-
Market Performance RatingD-
NameZEC
Sponsoredfalse
Block Reward3.1251
Block Time73.99166666666666
Is Tradingtrue
Algorithm Typeequihash
Net Hashes Per Second9.99 Billion
Asset Launch Date2016-10-28
Full NameZCash (ZEC)
Asset Website Urlhttps://z.cash/
Block Number1.83 Million
Platform Typeblockchain
Coin NameZCash
Total Coins Mined12.86 Million
ZCash (ZEC) is traded on CRYPTO Exchanges. ZCash is peer-to-peer digital currency powered by the Blockchain technology.

ZCash's Exchanges and Markets

CoinJar FCoin ZBG Coinbase Kraken Poloniex IQFinex ABCC BitMart Binance Braziliex Korbit DigiFinex CoinBene Kuna BCEX Gemini Bithumb LBank Liquid Nuex HitBTC Bitfinex Yobit Catex Kucoin Exmo Graviex Bibox CBX CoinEx Tokenomy BigONE

ZCash Target Price Odds Analysis

What are ZCash's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ZCash jumping above the current price in 90 days from now is about 84.92%. The ZCash probability density function shows the probability of ZCash crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ZCash has a beta of -0.2355. This usually means as returns on benchmark increase, returns on holding ZCash are expected to decrease at a much lower rate. During the bear market, however, ZCash is likely to outperform the market. Additionally, the company has an alpha of 0.139, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 55.29HorizonTargetOdds Above 55.29
15.00%90 days
 55.29 
84.92%
Based on a normal probability distribution, the odds of ZCash to move above the current price in 90 days from now is about 84.92 (This ZCash probability density function shows the probability of ZCash Crypto Coin to fall within a particular range of prices over 90 days) .

ZCash Risk Profiles

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

ZCash Technical Analysis

When it comes to investing in cryptocurrency, such as ZCash, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of ZCash, which is currently traded at 55.29, shows everything you need to know about ZCash market value. You don't have to consider the fundamental factors that affect a crypto asset, such as ZCash, to determine its price movements. However, the ZCash's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so ZCash's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project ZCash's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ZCash Tanh Of Price Series is a hyperbolic price transformation function.
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ZCash Against Markets

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

Be your own crypto manager

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

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

Buy ZEC through an exchange

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

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

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

You can also invest in ZEC 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 ZCash 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.
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Check out Your Current Watchlist. Note that the ZCash information on this page should be used as a complementary analysis to other ZCash'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 Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Tools for ZCash Crypto Coin

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