The Risk/Reward Score for Frax is low according to InvestorsObserver. Get the entirety of the ranks on Frax and learn what this means to you!
According to InvestorsObserver study, Frax is considered to be low risk. The proprietary scoring method examines the amount of money needed to change the price over the previous 24 hours. To assess how much a token can be influenced by restricted trading, the metric considers recent changes in volume and market capitalization. Low scores indicate high danger, and high numbers indicate low risk on a scale from 0 to 100.
Trading Analysis
The risk gauge score for FRAX indicates that it is currently a low risk investment. This metric will be more useful to portfolio managers that prioritize risk assessment when trying to steer clear of (or locate) more hazardous investments.
Frax is now worth $1.00 after its price dropped by 0.00 percent during the previous 24 hours. The token’s market capitalization has decreased over the same time period, and the price movement coincides with volume being lower than typical. The market value of the cryptocurrency is currently $1,364,286,398.96, and in the last day, $4,218,817.92 worth of it was exchanged. Frax has a low risk analysis because to the price volatility in relation to changes in volume and market value.
Summary
The past 24 hours of price fluctuation in connection to volume changes have resulted in a low risk score for FRAX, providing traders cause to be secure about the token’s current manipulability.
