Ocean Protocol Buy Hold or Sell Recommendation

OCEAN
  

USD 0.17  0.03  15.00%   

Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Ocean Protocol is 'Strong Sell'. Macroaxis provides Ocean Protocol buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding OCEAN positions. The advice algorithm takes into account all of Ocean Protocol's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Ocean Protocol's buy-and-hold perspective. Please check Ocean Protocol Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.

Execute Ocean Protocol Buy or Sell Advice

The Ocean recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ocean Protocol. Macroaxis does not own or have any residual interests in Ocean Protocol or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ocean Protocol's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ocean ProtocolBuy Ocean Protocol
Sell

Volatility

Exceptionally volatileDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Ocean Protocol has a Mean Deviation of 6.71, Standard Deviation of 8.52 and Variance of 72.52
We provide trade recommendations to complement the recent expert consensus on Ocean Protocol. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time.

Ocean Protocol Trading Alerts and Improvement Suggestions

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

Ocean Protocol Returns Distribution Density

The distribution of Ocean Protocol's historical returns is an attempt to chart the future uncertainty of Ocean Protocol's future price movements. The chart of the probability distribution of Ocean Protocol stock daily returns describes the distribution of returns around its average expected value. We use Ocean Protocol price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ocean Protocol returns is essential to provide solid investment advice for Ocean Protocol stock.
Mean Return-1.62Value At Risk-15
Potential Upside11.11Standard Deviation8.52
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ocean Protocol historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ocean Protocol Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ocean Protocol or Blockchain sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ocean Protocol stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ocean stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-1.23
β
Beta against DOW2.07
σ
Overall volatility
8.65
Ir
Information ratio -0.17

Ocean Protocol Volatility Alert

Ocean Protocol is displaying above-average volatility over the selected time horizon. Investors should scrutinize Ocean Protocol independently to ensure intended market timing strategies are aligned with expectations about Ocean Protocol volatility. Ocean Protocol is a potential penny crypto. Although Ocean Protocol may be in fact a good instrument to invest, many penny crypto coins are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Ocean Protocol. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Ocean instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

About Ocean Protocol Buy or Sell Advice

When is the right time to buy or sell Ocean Protocol? Buying financial instruments such as Ocean Crypto Coin isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Ocean Protocol investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

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.

Did You Try This Idea?

Run Money Funds Thematic Idea Now

Money Funds
Money Funds Theme
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 40 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Please check Ocean Protocol Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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.
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