Biconomy Analysis


USD 0.65  0.01  1.56%   

The current bullish price patterns experienced by current Biconomy shareholders could raise concerns from investors as the entity is trading at a share price of 0.65 on 309,722 in volume. The company executives have been very successful in rebalancing the entity assets at opportune times to take advantage of market volatility in July. The crypto standard deviation of daily returns for 90 days investing horizon is currently 7.26. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Biconomy partners.
Continue to Trending Equities.
The Biconomy crypto coin analysis report makes it easy to digest most publicly released information about Biconomy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Biconomy Crypto Coin analysis module also helps to analyze the Biconomy price relationship with some important fundamental indicators such as market cap and management efficiency.

Biconomy Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Biconomy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Biconomy or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Biconomy has very high historical volatility over the last 90 days
Biconomy has some characteristics of a very speculative cryptocurrency

Management Efficiency

Biconomy management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 13th of August 2022, Biconomy shows the mean deviation of 4.99, and Risk Adjusted Performance of 0.0591. Biconomy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Biconomy, which can be compared to its rivals. Please confirm Biconomy semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Biconomy is priced correctly, providing market reflects its regular price of 0.65 per share.

Biconomy Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Simple Moving Average indicator is calculated by adding the closing price of Biconomy for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Biconomy short-term fluctuations and highlight longer-term trends or cycles.

Biconomy Technical and Predictive Indicators

Biconomy Forecast Models

Biconomy time-series forecasting models is one of many Biconomy's crypto coin analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Biconomy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Biconomy Crypto Coin Analysis

Crypto Coin analysis is the technique used by a trader or investor to examine and evaluate how Biconomy stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Biconomy shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Biconomy. By using and applying Biconomy Crypto Coin analysis, traders can create a robust methodology for identifying Biconomy entry and exit points for their positions.
Biconomy is peer-to-peer digital currency powered by the Blockchain technology. Biconomy is a multichain relayer protocol that aims to reduce the friction point when dealing with blockchain technology for its mass adoption.Telegram Discord Medium

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Biconomy to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Crypto Correlations Now


Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
All  Next Launch Module
Continue to Trending Equities. Note that the Biconomy information on this page should be used as a complementary analysis to other Biconomy'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for Biconomy Crypto Coin

When running Biconomy price analysis, check to measure Biconomy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Biconomy is operating at the current time. Most of Biconomy's value examination focuses on studying past and present price action to predict the probability of Biconomy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Biconomy's price. Additionally, you may evaluate how the addition of Biconomy to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Money Managers
Screen money managers from public funds and ETFs managed around the world
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format