Ocean Protocol Valuation
OCEAN Crypto | USD 0.23 0.01 4.17% |
Ocean Protocol seems to be overvalued based on Macroaxis valuation methodology. Our model determines the value of Ocean Protocol from analyzing the crypto technical indicators and probability of bankruptcy. In general, investors support purchasing undervalued crypto coins and exiting overvalued crypto coins since, at some point, crypto coin prices and their ongoing real values will merge together.
Ocean Protocol Valuation Module provides a unique way to ballpark how much the project is worth today. It is done using both, our quantitative analysis as well as its intrinsic market price estimation to project the real value.
Overvalued
Today
Please note that Ocean Protocol's price fluctuation is extremely risky at this time. Calculation of the real value of Ocean Protocol is based on 3 months time horizon. Increasing Ocean Protocol's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Ocean Protocol is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ocean Crypto Coin. However, Ocean Protocol's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 0.23 | Real 0.22 | Hype 0.23 | Naive 0.23 |
The real value of Ocean Crypto Coin, also known as its intrinsic value, is the underlying worth of Ocean Protocol Cryptocurrency, which is reflected in its stock price. It is based on Ocean Protocol's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Ocean Protocol's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Ocean Protocol helps investors to forecast how Ocean crypto coin's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ocean Protocol more accurately as focusing exclusively on Ocean Protocol's fundamentals will not take into account other important factors: Ocean Protocol Supply Analysis
Coin Takeover Price | Coin Market Cap | Coin Supply | Coins Mined |
2.3 M | 2.3 M | 0.0 | 0.0 |
Ocean Protocol Price Momentum Patterns
The output start index for this execution was thirty-nine with a total number of output elements of twenty-two. The average directional index (ADX) measures the strength of a prevailing trend of Ocean Protocol and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Ocean Protocol ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Ocean Protocol's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Ocean Protocol and how it compares across the competition.
About Ocean Protocol Valuation
The crypto valuation mechanism determines Ocean Protocol's current worth on a weekly basis. Our valuation model uses a comparative analysis of Ocean Protocol. We calculate exposure to Ocean Protocol's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Ocean Protocol's related companies. When determining whether Ocean Protocol offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocean Protocol's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ocean Protocol Crypto.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean Protocol. 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. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.