PRA Buy Hold or Sell Recommendation

PRA
 Crypto
  

USD 0.07  0.06  750.57%   

Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding PRA is 'Cautious Hold'. Macroaxis provides PRA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRA positions. The advice algorithm takes into account all of PRA's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from PRA's buy-and-hold perspective. Please check

Execute PRA Buy or Sell Advice

Sell PRABuy PRA
Cautious Hold
For the selected time horizon PRA has a Mean Deviation of 22.4, Semi Deviation of 1.72, Standard Deviation of 92.48, Variance of 8552.33, Downside Variance of 16.68 and Semi Variance of 2.95
We provide trade recommendation to complement the latest expert consensus on PRA. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available now.

PRA Trading Alerts and Improvement Suggestions

PRA is way too risky over 90 days horizon
PRA has some characteristics of a very speculative cryptocurrency
PRA appears to be risky and price may revert if volatility continues

PRA Returns Distribution Density

The distribution of PRA's historical returns is an attempt to chart the uncertainty of PRA's future price movements. The chart of the probability distribution of PRA daily returns describes the distribution of returns around its average expected value. We use PRA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of PRA returns is essential to provide solid investment advice for PRA cryptocurrency.
Mean Return11.26Value At Risk-6.15
Potential Upside5.34Standard Deviation53.27
   Return Density   
       Distribution  
Cryptocurrency investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of PRA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different crypto investement strategies.

PRA Greeks

Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to PRA project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that PRA's price will be affected by overall cryptocurrency 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 PRA crypto'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 NYSE Composite
11.61
β
Beta against NYSE Composite-5.51
σ
Overall volatility
93.92
Ir
Information ratio 0.12

PRA Volatility Alert

PRA is displaying above-average volatility over the selected time horizon. Investors should scrutinize PRA independently to ensure intended cryptocurrency market timing strategies are aligned with expectations about PRA volatility. PRA appears to be a penny crypto. Although PRA may be, in fact, a solid short-term or long term investment, many penny crypto coins are speculative digital assets that are often subject to artificial coin promotions and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in PRA crypto or similar risky assets. We encourage cryptocurrency investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage crypto traders to check the biographies and work history of the founders of the accociated project, carefully read the white papers and consensus ducoments before investing in high-volatility coins. You can indeed make money on PRA if you perfectly time your entry and exit. However, remember that cryptos that have been the subject of artificial hype usually cannot maintain its increased price for more than a few days. The price of a promoted high-volatility instrument will almost always revert. The only way to increase coin holder value is through legitimate performance analysis backed up by solid fundamentals of the project the coin represents. Understanding different market volatility trends often help investors time the market. Properly using volatility indicators enable traders to measure PRA's crypto coin risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact PRA's price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different cryptos as prices fall or investing in DeFi projects.

About PRA Buy or Sell Advice

When is the right time to buy or sell PRA? Buying financial instruments such as PRA Crypto Coin isn't very hard. However, what challenging for most investors is doing it at the right time to beat the 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. 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 PRA 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 Macroaxis Picks Thematic Idea Now

Macroaxis Picks
Macroaxis Picks Theme
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 46 constituents at this time.
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 Macroaxis Picks Theme or any other thematic opportunities.
View All  Next Launch
Please check PRA Technical Analysis You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Tools for PRA Crypto Coin

When running PRA price analysis, check to measure PRA's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy PRA is operating at the current time. Most of PRA's value examination focuses on studying past and present price actions to predict the probability of PRA's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move PRA's coin price. Additionally, you may evaluate how adding PRA to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go