ROI prediction #1 (undervalued coins by actual ICO balance)
Our team had discussed a lot of ways how to predict future returns of ICO projects and tokens (one of the prediction tools we currently use, is our ICO score, shortened version you can find here).
One of the last idea we’ve discussed was about undervalued coins according to their actual balance. The idea is simple: any coin capitalisation must cost at least more then available amount on the project’s account. If capitalization is lower, the price can to grow to meet the value of assets.
We found some tools and spreadsheets where you can easily check actual project’s balance (we use this tool).
By the moment of writing we’ve found 14 undervalued projects: they have different market capitalisation and trading volume, but all these coins have market capitalization lower than available funds on their balance. Below you can see the list of undervalued coins (for your convenience, spreadsheet below is available online here).
Cap/Bal ratio shows us the most undervalued coins, by simple formula, we calculated forecast ROI. This future ROI shows — how much should the capitalization of a coin grow to match the value of assets on the balance.
For simplicity we bought each token for 1000$. Totally 14000$ or 27,29 ETH. We set the time of experiment to 22 August (+5 month from today).
How to check the results?
You can in no time check the actual status (ROI in $ and ETH) of this experiment at our spreadsheet here.
We also added this experiment to ICODrops portfolio tool here. When we finished our article, the portfolio balance changed to +0,92% in ETH. Let’s see what will happen next.
Be careful, this article is not a financial advise. Please, always do your own research before investing.
If you haven’t read our previous articles about ROI analysis yet, you can do it here.
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