Ocean Protocol Profile

OCEAN
  

USD 0.20  0.0049  2.51%   

Market Performance
0 of 100
Odds Of Distress
Over 61
Ocean Protocol is trading at 0.2 as of the 28th of June 2022, a 2.51 percent increase since the beginning of the trading day. Ocean Protocol has more than 61 % 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 Ocean Protocol are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 28th of June 2022. Click here to learn more.
Ocean Protocol is peer-to-peer digital currency powered by the Blockchain technology. Ocean Protocol is an ecosystem for the data economy and associated services, with a tokenized service layer that securely exposes data, storage, compute and algorithms for consumption.Users of the data will pay to access these sources with cryptocurrency. More on Ocean Protocol

Moving together with Ocean Protocol

0.96XRPXRPPairCorr
0.97SOLSolanaPairCorr
Ocean Protocol is an online market maker for p2p online currency indicated as Cryptocurrency. Ocean Protocol has been active in the last 3 months, and it is presently expressing a bullish sentiment. Cryptocurrencies such as Ocean Protocol 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 Ocean Protocol 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.

Ocean Protocol 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. Ocean Protocol's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ocean Protocol or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Ocean Protocol generated a negative expected return over the last 90 days
Ocean Protocol has high historical volatility and very poor performance
Ocean Protocol has some characteristics of a very speculative cryptocurrency
Exchanges
Binance Kraken Kucoin P2PB2B HitBTC Bithumb Korbit Bitfinex BitMart CoinEx DigiFinex Poloniex
AlgorithmN/A
Coin TypeOcean Protocol
Proof TypeN/A
TechnologyBlockchain
Total Coins Mined613.1 Million
Maximum Supply(1.0)
Launch Date2019-04-23
Websitehttps://oceanprotocol.com/
Ocean Protocol (OCEAN) is traded on CRYPTO Exchange. Ocean Protocol is peer-to-peer digital currency powered by the Blockchain technology. Ocean Protocol is an ecosystem for the data economy and associated services, with a tokenized service layer that securely exposes data, storage, compute and algorithms for consumption. Users of the data will pay to access these sources with cryptocurrency. The marketplaces built on Ocean Protocol will allow data.Ocean Protocol claims to help developers build marketplaces and other apps to privately & securely publish, exchange, and consume data.On September 27, 2020 Ocean Protocol Foundation initiated a hard fork of the Ocean Token contract as described in this announcement. All Ocean token balances from the previous contract are reflected on Ocean new token contract.Etherscan has recognized the new contract and wallet balances can be verified on Etherscan’s website.Telegram | Discord | YouTube | GitHub | Medium

Ocean Protocol Target Price Odds Analysis

What are Ocean Protocol's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ocean Protocol jumping above the current price in 90 days from now is about 85.6%. The Ocean Protocol probability density function shows the probability of Ocean Protocol crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the crypto coin has a beta coefficient of 1.1329. This indicates Ocean Protocol market returns are sensitive to returns on the market. As the market goes up or down, Ocean Protocol is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ocean Protocol is significantly underperforming DOW.
  Odds Below 0.2HorizonTargetOdds Above 0.2
14.36%90 days
 0.20 
85.60%
Based on a normal probability distribution, the odds of Ocean Protocol to move above the current price in 90 days from now is about 85.6 (This Ocean Protocol probability density function shows the probability of Ocean Crypto Coin to fall within a particular range of prices over 90 days) .
Ocean Protocol is peer-to-peer digital currency powered by the Blockchain technology. Ocean Protocol is an ecosystem for the data economy and associated services, with a tokenized service layer that securely exposes data, storage, compute and algorithms for consumption.Users of the data will pay to access these sources with cryptocurrency. The marketplaces built on Ocean Protocol will allow data.Ocean Protocol claims to help developers build marketplaces and other apps to privately and securely publish, exchange, and consume data.On September 27, 2020 Ocean Protocol Foundation initiated a hard fork of the Ocean Token contract as described inthis announcement. All Ocean token balances from the previouscontract are reflected on Ocean new token contract.Etherscanhas recognized the new contract and wallet balances can be verifiedon Etherscans website.Telegram Discord YouTube GitHub Medium

Ocean Protocol Risk Profiles

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

Ocean Protocol Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Ocean Protocol Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Ocean Protocol price patterns.
.

Ocean Protocol Against Markets

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

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Ocean Protocol 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.

Did you try this?

Run Commodity Channel Index Now

   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
All  Next Launch Module

How to invest in Ocean Protocol

You need to understand the risk of getting into digital currencies such as OCEAN 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 Ocean Protocol in four ways:

Buy OCEAN through an exchange

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

You don't have to buy a full token when starting out since OCEAN 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 Ocean Protocol through a broker

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

You can also invest in OCEAN 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 Ocean Protocol 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  
Please check Your Equity Center. Note that the Ocean Protocol information on this page should be used as a complementary analysis to other Ocean Protocol'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Tools for Ocean Crypto Coin

When running Ocean Protocol price analysis, check to measure Ocean Protocol'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 Ocean Protocol is operating at the current time. Most of Ocean Protocol's value examination focuses on studying past and present price action to predict the probability of Ocean Protocol's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ocean Protocol's price. Additionally, you may evaluate how the addition of Ocean Protocol to your portfolios can decrease your overall portfolio volatility.
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go