Does the reward outweigh the risks?
Diligence performs high-risk analysis based on Investors Observer to research. The proprietary system evaluates how well a token can be manipulated by analyzing the amount of money it took to change its price over the past 24 hours, as well as analyzing recent changes in volume and market capitalization. The gauge is between 0 and 100, with lower scores representing higher risk, while higher values âârepresent lower risk.
The IRA Risk Gauge score currently translates to a high risk investment. Portfolio managers who weigh heavily on risk assessment will find this metric more relevant when trying to avoid (or discover) riskier investments. The IRA has traded -62.99% lower in the past 24 hours to its current price of $ 0.000093630. This change occurred as the volume is below its average level and the token’s market cap has fallen. The cryptocurrency now has a market cap of $ 1,966.24, while the token’s $ 2.47 has been traded in the past 24 hours. The change in price relative to the degree of change in volume and market capitalization gives Diligence a high risk rating.
The price volatility of the IRA over the past 24 hours leads to high risk analysis due to its price volatility combined with changes in trading volume, giving investors a reason to be concerned about the manipulability of the token from now on. Click here for the full Due Diligence Report (IRA).