ALG Crypto
ALG is trading at 0.0816 as of the 28th of November 2024, a 0.49 percent decrease since the beginning of the trading day. Cryptocurrency ratings for ALG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
ALG is a digital token from an online market maker for p-2-p internet money called Cryptocurrency. Please note that ALG has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as ALG 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 ALG 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.
ALG 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. ALG's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding ALG 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) |
ALG 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 few exchanges in multiple currencies. Algory is an Ethereum-based application supporting professional trading in the cryptocurrency market. Their goal is to present traders with different research tools in one single platform. To name some of this tools: * CryptoScanner: Users can create fully automated filters and alerts that scan the cryptocurrency markets in real-time. * CryptoNews: A news streamer including blogs, tweets, Reddit, news services and more. * Ico Analyzer: Use the ICO Analyzer to check all ICOs. Check ICO wallets or keep up with the information on transfers between the major projects in the world of ICOs. * CryptoViewer: Choose your own list of cryptocurrencies you are interested in scanning for news, movement, and more. ALG is an ERC20 utility token that serves as a currency on the Algory platform. [Telegram](https://t.me/AlgoryProject) | [Facebook](https://www.facebook.com/algoryproject) | [Youtube](https://www.youtube.com/c/AlgoryProject) | [Medium](https://medium.com/algory-project) | [Blog](https://blog.algory. | |
| Other Smart Contract Address | View |
| Symbol | ALG |
| Technology Adoption Rating | E- |
| Market Performance Rating | E+ |
| Name | ALG |
| Sponsored | false |
| Built On | ETH |
| Decimal Points | 18.0 |
| Is Trading | true |
| Asset Launch Date | 2017-12-01 |
| Full Name | Algory (ALG) |
| Asset Website Url | https://www.algory.io/ |
| Platform Type | token |
| Coin Name | Algory |
| Smart Contract Address | View |
ALG (ALG) is traded on CRYPTO Exchanges. ALG is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALG's market, we take the total number of its shares issued and multiply it by ALG'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.
ALG's Exchanges and Markets
ALG Risk Profiles
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.78 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.11 |
ALG Technical Analysis
When it comes to investing in cryptocurrency, such as ALG, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of ALG, which is currently traded at 0.0816, shows everything you need to know about ALG market value. You don't have to consider the fundamental factors that affect a crypto asset, such as ALG, to determine its price movements. However, the ALG's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so ALG's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project ALG's future price trendTransformation |
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ALG Against Markets
ALG Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ALG crypto coin to make a market-neutral strategy. Peer analysis of ALG could also be used in its relative valuation, which is a method of valuing ALG by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having ALG 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. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.