0x Profile

ZRX
 Crypto
  

USD 0.20  0.01  5.26%   

Market Performance
0 of 100
Odds Of Distress
Less than 27
0x is trading at 0.2 as of the 26th of November 2022, a 5.26 percent up since the beginning of the trading day. 0x has about a 27 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Cryptocurrency ratings for 0x are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2022 and ending today, the 26th of November 2022. Click here to learn more.
0x is peer-to-peer digital currency powered by the Blockchain technology. More on 0x
0x is and internet exchange entity for p-2-p internet money called Cryptocurrency. 0x has been active in the last 3 months, and it is currently expressing a bullish sentiment. Cryptocurrencies such as 0x 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 0x 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.

0x 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. 0x's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding 0x or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
0x generated a negative expected return over the last 90 days
0x has high historical volatility and very poor performance
0x has some characteristics of a very speculative cryptocurrency
0x 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 37 exchanges in multiple currencies. 0x is an open protocol that facilitates the decentralized exchange of Ethereum-based tokens and assets. Developers can use 0x to build their own custom exchange apps with a wide variety of user-facing applications i.e. 0x OTC, a decentralized application that facilitates trustless over-the-counter trading of Ethereum-based tokens. The 0x token (ZRX) is used by Makers and Takers to pay transaction fees to Relayers (entities that host and maintain public order books). ZRX tokens are also used for decentralized governance over 0x protocol’s update mechanism which allows its underlying smart contracts to be replaced and improved over time.
Coin Type0x
IndustryFinancial and Insurance Activities
FINMAUtility
FCAUtility
AccessPermissionless
Collateralized AssetNo
SymbolZRX
Technology Adoption RatingC+
Market Performance RatingD-
NameZRX
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2017-08-15
Full Name0x (ZRX)
Asset Website Urlhttps://www.0xproject.com/#home
Asset Token StatusFinished
Platform Typetoken
Coin Name0x
Total Coins Mined1,000 Million
Smart Contract AddressView

0x Target Price Odds Analysis

What are 0x's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of 0x jumping above the current price in 90 days from now is about 89.89%. The 0x probability density function shows the probability of 0x crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon 0x has a beta of -0.4342. This usually means as returns on benchmark increase, returns on holding 0x are expected to decrease at a much lower rate. During the bear market, however, 0x 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. 0x is significantly underperforming DOW.
  Odds Below 0.2HorizonTargetOdds Above 0.2
10.06%90 days
 0.20 
89.89%
Based on a normal probability distribution, the odds of 0x to move above the current price in 90 days from now is about 89.89 (This 0x probability density function shows the probability of 0x Crypto Coin to fall within a particular range of prices over 90 days) .

0x Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. 0x market risk premium is the additional return an investor will receive from holding 0x 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 0x. 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 0x's alpha and beta are two of the key measurements used to evaluate 0x's performance over the market, the standard measures of volatility play an important role as well.

0x Technical Analysis

When it comes to investing in cryptocurrency, such as 0x, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of 0x, which is currently traded at 0.2, shows everything you need to know about 0x market value. You don't have to consider the fundamental factors that affect a crypto asset, such as 0x, to determine its price movements. However, the 0x's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so 0x's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project 0x's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cosine Of 0x Price Series is a trigonometric function that describes price patterns.
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0x Against Markets

Picking the right benchmark for 0x 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 0x 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 0x is critical whether you are bullish or bearish towards 0x at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in 0x 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 0x

You need to understand the risk of getting into digital currencies such as ZRX 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 0x in four ways:

Buy ZRX through an exchange

Get yourself a crypto wallet before embarking on your 0x 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 0x. 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 0x through an exchange

You don't have to buy a full token when starting out since ZRX 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 0x through a broker

If you don't want to store your 0x 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 ZRX through an exchange-traded fund (ETF)

You can also invest in ZRX 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 0x 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Other Tools for 0x Crypto Coin

When running 0x price analysis, check to measure 0x's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy 0x is operating at the current time. Most of 0x's value examination focuses on studying past and present price actions to predict the probability of 0x's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move 0x's coin price. Additionally, you may evaluate how adding 0x to your portfolios can decrease your overall portfolio volatility.
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