Bitfinex Bitcoin (in USD) Buy or Sell Recommendation

Macroaxis provides Bitfinex Bitcoin USD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Bitfinex Bitcoin positions. The advice algorithm takes into account all of Bitfinex Bitcoin USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Bitfinex Bitcoin buy-and-hold prospective. Check also Bitfinex Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Bitfinex Bitcoin USD -- Cryptlandia Crypto  

USD 11,260  1,681  12.99%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Bitfinex Bitcoin USD is 'Strong Sell'.
For the selected time horizon Bitfinex Bitcoin USD has a mean deviation of 6.04, semi deviation of 0.0, standard deviation of 8.86, variance of 78.51, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides buy, hold, or sell suggestion on Bitfinex Bitcoin USD to complement and cross-verify current analyst consensus on Bitfinex Bitcoin USD. Our buy, hold, or sell recommendation engine determines the crypto potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please be advised to confirm Bitfinex Bitcoin USD Market Capitalization to validate our buy or sell recommendation.

Returns Distribution Density

Mean Return0.51Value At Risk12.99
Potential Upside12.63Standard Deviation8.86
 Return Density 
      Distribution 

Bitfinex Bitcoin Greeks

α
Alpha over DOW
=0.54
β
Beta against DOW=4.8
σ
Overall volatility
=9.17
Ir
Information ratio =0.08

Bitfinex Bitcoin Volatility Alert

Bitfinex Bitcoin USD is displaying above average volatility of 8.86 over selected time horizon. Investors should scrutinize Bitfinex Bitcoin USD independently to make sure intended market timing strategies are aligned with expectations about Bitfinex Bitcoin volatility.
SellBuy
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
Risk Adjusted Performance(0.015883)
Market Risk Adjusted Performance0.1181
Mean Deviation6.04
Coefficient Of Variation(1,742)
Standard Deviation8.86
Variance78.51
Information Ratio(0.08335)
Jensen Alpha0.5362
Total Risk Alpha(4.93)
Treynor Ratio0.1081
Maximum Drawdown38.58
Value At Risk(12.99)
Potential Upside12.63
Skewness(0.89)
Kurtosis2.26