Vilas check average risk analysis based on Investors Research. The proprietary system measures how much a currency can be manipulated by analyzing how much money it has taken to change its price in the past 24 hours along with analyzing recent changes in volume and market value. The scale is between 0 and 100 with lower scores equaling higher risks and higher values representing lower risks.
The VLX risk score translates to a moderate risk investment for the time being. Portfolio managers who weigh risk assessment significantly will find this metric more relevant when trying to avoid (or discover) riskier investments. The price of Velas has fallen -10.53% in the past 24 hours, bringing its current value to $0.35. The change in price is consistent with volume being below its average while the market value of the currency has declined over the same time period. The cryptocurrency market cap is now $788,871,950.48, while $18,821,879.78 has been traded in the last 24 hours. Fluctuations in price relative to changes in volume and changes in market value give Velas an average risk analysis.
VLX’s price volatility over the past 24 hours leads to an average analysis of risk due to price volatility as well as changes in trading volume, giving investors a reason not to worry overly about the possibility of currency manipulation just yet. Click here for the full report on Velas (VLX).