Bitfinex Bitcoin (in USD) Buy or Sell Recommendation

Bitfinex Bitcoin USD -- Cryptlandia Crypto  

USD 8,839  304.90  3.57%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Bitfinex Bitcoin USD is 'Strong Sell'. 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 Current Recommendation

SellBuy
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon Bitfinex Bitcoin USD has a mean deviation of 3.43, semi deviation of 0.0, standard deviation of 4.66, variance of 21.73, 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 Return0.11Value At Risk8.33
Potential Upside7.96Standard Deviation4.66
 Return Density 
      Distribution 

Bitfinex Bitcoin Greeks

α
Alpha over DOW
=0.12
β
Beta against DOW=0.0858
σ
Overall volatility
=4.78
Ir
Information ratio =0.02

Bitfinex Bitcoin Volatility Alert

Bitfinex Bitcoin USD exhibits very low volatility with skewness of 0.11 and kurtosis of 0.52. However, we advise investors to further study Bitfinex Bitcoin USD technical indicators to make sure all market info is available and is reliable.

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Check also Bitfinex Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.