Cardano Profile

ADA
 Crypto
  

USD 0.50  0.02  4.17%   

Market Performance
0 of 100
Odds Of Distress
Over 69
Cardano is trading at 0.5 as of the 27th of June 2022, a 4.17 percent up since the beginning of the trading day. Cardano has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Cryptocurrency ratings for Cardano are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2022 and ending today, the 27th of June 2022. Click here to learn more.
Cardano is peer-to-peer digital currency powered by the Blockchain technology. Designed and developed byIOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL is a Proof of Stake cryptocurrencybased on the Haskell implementation of the white paper Ouroboros A Provably Secure Proof of Stake Blockchain Protocol by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.Blockchain data provided byBlockchairTelegram Facebook YouTube LinkedIn. More on Cardano

Moving together with Cardano

0.98AVAXAvalanchePairCorr
0.97CROCronosPairCorr
0.98ICPInternet ComputerPairCorr
0.92NEARNearPairCorr
Cardano is an online market maker for p-2-p internet money called Cryptocurrency. Cardano has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Cardano 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 Cardano 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.

Cardano Crypto Coin Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Cardano's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cardano or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Cardano generated a negative expected return over the last 90 days
Cardano has high historical volatility and very poor performance
Cardano has some characteristics of a very speculative cryptocurrency
Latest headline from www.theguardian.com: Electricity used to mine bitcoin plummets as crypto crisis widens - The Guardian
Exchanges
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AlgorithmOuroboros
Coin TypeCardano
Proof TypePoS
TechnologyBlockchain
Current Block Number7.4 M
Total Coins Mined33.46 Billion
Circulating Supply33.46 Billion
Maximum Supply45 Billion
Launch Date2017-10-05
Websitehttps://www.cardano.org/en/home/
Cardano (ADA) is traded on CRYPTO Exchange. Cardano is peer-to-peer digital currency powered by the Blockchain technology. Designed and developed by IOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL (or Cardano Settlement Layer) is a Proof of Stake cryptocurrency based on the Haskell implementation of the white paper “Ouroboros: A Provably Secure Proof of Stake Blockchain Protocol” by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.Blockchain data provided by: BlockchairTelegram | Facebook | YouTube | LinkedIn

Cardano Target Price Odds Analysis

What are Cardano's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Cardano jumping above the current price in 90 days from now is about 83.11%. The Cardano probability density function shows the probability of Cardano crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Cardano has a beta of 0.4052. This suggests as returns on the market go up, Cardano average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cardano will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Cardano is significantly underperforming DOW.
  Odds Below 0.5HorizonTargetOdds Above 0.5
16.85%90 days
 0.50 
83.11%
Based on a normal probability distribution, the odds of Cardano to move above the current price in 90 days from now is about 83.11 (This Cardano probability density function shows the probability of Cardano Crypto Coin to fall within a particular range of prices over 90 days) .
Cardano is peer-to-peer digital currency powered by the Blockchain technology. Designed and developed byIOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL is a Proof of Stake cryptocurrencybased on the Haskell implementation of the white paper Ouroboros A Provably Secure Proof of Stake Blockchain Protocol by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.Blockchain data provided byBlockchairTelegram Facebook YouTube LinkedIn

Cardano Risk Profiles

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

Cardano Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Cardano Tangent Of Price Series is a trigonometric price transformation method
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Cardano Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Cardano without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. 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 portfolio.

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How to invest in Cardano

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

Buy ADA through an exchange

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

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

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

You can also invest in ADA 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 Cardano 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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Please continue to Trending Equities. Note that the Cardano information on this page should be used as a complementary analysis to other Cardano'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 Cardano Crypto Coin

When running Cardano price analysis, check to measure Cardano'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 Cardano is operating at the current time. Most of Cardano's value examination focuses on studying past and present price action to predict the probability of Cardano's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cardano's price. Additionally, you may evaluate how the addition of Cardano to your portfolios can decrease your overall portfolio volatility.
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