What Does a Risk Analysis Say About Nebulas (NAS) Thursday?

Thursday, December 02, 2021 09:11 AM | InvestorsObserver Analysts

Nebulas receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.

InvestorsObserver is giving Nebulas a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Nebulas!

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Trading Analysis

The risk gauge rank for NAS shows the coin is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. NAS has traded 23.22% lower over the past 24 hours to its current price of $0.53. This shift has occurred while volume is below its average level and the coin's market capitalization has risen. The cryptocurrency now has a market capitalization of $32,332,609.61 while $8,547,268.00 worth of the coin has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Nebulas a low risk rating.

Summary

Recent price movement of NAS gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the coin's manipulability at the moment. Click Here to get the full Report on Nebulas (NAS).