InvestorsObserver
×
News Home

What Does a Risk Analysis Say About Storeum (STO) Thursday?

Thursday, November 30, 2023 03:26 PM | InvestorsObserver Analysts
What Does a Risk Analysis Say About Storeum (STO) Thursday?

InvestorsObserver analysis gives Storeum a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

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

Trading Analysis

STO's current risk score means it is a relatively high risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
STO has traded 0.30 lower over the past 24 hours to its current price of $0.000001634. Currently, volume and market capitalization data is not being received through our data provider. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Storeum extra intriguing.

Summary

The price volatility of STO over the last 24 hours results in a high risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be concerned on the token's manipulability as of now. Click Here to get the full Report on Storeum (STO).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App