Casper Network Crypto
| CSPR Crypto | USD 0.03 0.0002 0.64% |
Performance0 of 100
| Risk Of DevaluationOver 61
|
Casper Network is trading at 0.0309 as of the 27th of April 2024, a -0.64% down since the beginning of the trading day. Casper Network 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 Casper Network are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Casper Network is peer-to-peer digital currency powered by the Blockchain technology. More on Casper Network
Moving together with Casper Crypto Coin
| 0.71 | XRP | XRP | PairCorr |
Casper Network is an online market maker for p-2-p internet money called Cryptocurrency. Casper Network has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Casper Network 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 Casper Network 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.
Casper Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Casper Network's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Casper Network or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
Casper Network is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 4 exchanges in multiple currencies. | |
| Coin Type | Casper Network |
Casper Network (CSPR) is traded on CRYPTO Exchanges. Casper Network is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under 'Nano-Cap' category with a current market capitalization of 240.77 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Casper Network's market, we take the total number of its shares issued and multiply it by Casper Network's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Casper Network's Exchanges and Markets
Bitstamp BitMart Bithumb CoinExCasper Network Target Price Odds Analysis
What are Casper Network's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Casper Network jumping above the current price in 90 days from now is about 91.3%. The Casper Network probability density function shows the probability of Casper Network crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Casper Network has a beta of -0.2101 suggesting as returns on the benchmark increase, returns on holding Casper Network are expected to decrease at a much lower rate. During a bear market, however, Casper Network is likely to outperform the market. Additionally, casper Network has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Casper Network to move above the current price in 90 days from now is about 91.3 (This Casper Network probability density function shows the probability of Casper Crypto Coin to fall within a particular range of prices over 90 days) .
Casper Network Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Casper Network market risk premium is the additional return an investor will receive from holding Casper Network 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 Casper Network. 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 Casper Network's alpha and beta are two of the key measurements used to evaluate Casper Network's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.41 | |||
| Standard Deviation | 4.43 | |||
| Variance | 19.63 | |||
| Risk Adjusted Performance | (0.03) |
Casper Network Technical Analysis
When it comes to investing in cryptocurrency, such as Casper Network, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Casper Network, which is currently traded at 0.0309, shows everything you need to know about Casper Network market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Casper, to determine its price movements. However, the Casper Network's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Casper Network's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Casper Network's future price trendTransformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Casper Network Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Casper Network price patterns.
Casper Network Against Markets
Picking the right benchmark for Casper Network 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 Casper Network 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 Casper Network is critical whether you are bullish or bearish towards Casper Network at a given time. Please also check how Casper Network's historical prices are related to one of the top price index indicators.
Be your own crypto manager
Our tools can tell you how much better you can do entering a position in Casper Network without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. 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 cryptocurrency portfolio.Did you try this?
Run Analyst Advice Now
Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
How to invest in Casper Network
You need to understand the risk of getting into digital currencies such as CSPR 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 Casper Network in four ways:Buy CSPR through an exchange
Get yourself a crypto wallet before embarking on your Casper Network 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 Casper Network. 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 Casper Network through an exchange
You don't have to buy a full token when starting out since CSPR 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 Casper Network through a broker
If you don't want to store your Casper 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 CSPR through an exchange-traded fund (ETF)
You can also invest in CSPR 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 Casper Network 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Casper Network. Also, note that the market value of any cryptocurrency could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.