Indexed Financing (NDX) Do the risks outweigh the rewards on Friday?
Indexed Finance receives an average risk rating of Investors Observer To analyse. The proprietary scoring system analyzes how much money has been needed to move the price over the past 24 hours. The metric examines recent changes in volume and market capitalization to assess how well a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values âârepresenting low risk.
NDX’s risk gauge score currently translates to a moderate risk investment. Portfolio managers who weigh heavily on risk assessment will find this metric more relevant when trying to avoid (or discover) riskier investments. Indexed Finance is down 8.32% in the last 24 hours of trading, which translates to its current price of $ 0.98. The price movement coincided with a volume below its average level and the market cap of the token increased. The token’s market cap now stands at $ 838,679.58, while $ 16,600.62 of crypto has been traded in the past 24 hours. The movement of prices relative to changes in volume and market capitalization recently, gives NDX a medium risk rating.
NDX’s price volatility over the past 24 hours translates to a medium risk analysis due to its price volatility combined with changes in trading volume, giving investors a reason not to overdo it. worry about the manipulability of the token at this time. Click here for the full Indexed Finance (NDX) report.