Constellation Buy Hold or Sell Recommendation
| DAG Crypto | USD 0.04 0.0007 1.56% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Constellation is 'Strong Sell'. Macroaxis provides Constellation buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DAG positions.
Check out Constellation Technical Analysis. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Constellation |
Execute Constellation Buy or Sell Advice
The Constellation recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Constellation. Macroaxis does not own or have any residual interests in Constellation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Constellation's advice using the current market data and latest reported fundamentals.
Time Horizon
30 Days |
Risk Tolerance
I am an educated risk taker |
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Unusually volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Risk of Devaluation | Quite High | Details | |
Economic Sensitivity | Barely shadows the market | Details |
Constellation Trading Alerts and Improvement Suggestions
| Constellation generated a negative expected return over the last 90 days | |
| Constellation has high historical volatility and very poor performance | |
| Constellation has some characteristics of a very speculative cryptocurrency |
Constellation Returns Distribution Density
The distribution of Constellation's historical returns is an attempt to chart the uncertainty of Constellation's future price movements. The chart of the probability distribution of Constellation daily returns describes the distribution of returns around its average expected value. We use Constellation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Constellation returns is essential to provide solid investment advice for Constellation cryptocurrency.
| Mean Return | -0.43 |
| Value At Risk | -10.69 |
| Potential Upside | 10.35 |
| Standard Deviation | 6.68 |
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 Constellation 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.
Constellation 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 Constellation 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 Constellation'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 Constellation 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 Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 6.66 | |
Ir | Information ratio | -0.06 |
Constellation Volatility Alert
Constellation is displaying above-average volatility over the selected time horizon. Investors should scrutinize Constellation independently to ensure intended cryptocurrency market timing strategies are aligned with expectations about Constellation volatility. Constellation appears to be a penny crypto. Although Constellation 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 Constellation 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 Constellation 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 Constellation'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 Constellation'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.Constellation Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Constellation . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 5.98 | |||
| Daily Balance Of Power | (3.50) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.0442 | |||
| Day Typical Price | 0.0442 | |||
| Price Action Indicator | (0.0004) | |||
| Period Momentum Indicator | (0.0007) | |||
| Relative Strength Index | 46.16 |
About Constellation Buy or Sell Advice
When is the right time to buy or sell Constellation? Buying financial instruments such as Constellation 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 Constellation 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 Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 30 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 Long/short ETFs Theme or any other thematic opportunities.
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Check out Constellation Technical Analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.