Cosmos achieves low 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 ATOM Risk Scale score translates into a low-risk investment for the time being. Portfolio managers who weigh heavily in assessing risk will find this metric more relevant when trying to avoid (or discover) riskier investments. ATOM has been trading down 0.95% over the past 24 hours to its current price of $41.01. This shift occurred when the volume was below its mean and the market value of the currency rose. The market capitalization of the cryptocurrency is now $9,278,071,323.89 while the cryptocurrency has traded at $3,418,200,506.54 in the past 24 hours. The change in price in relation to the degree of volume and changes in market value gives Kosmos a low risk rating.
ATOM’s price action over the past trading day results in a low risk rating as recent price action relative to trading volume gives traders reason to be confident the currency can be manipulated thus far. Click here for the full Cosmos (ATOM) report.