Bitfinex Bitcoin (in USD) Buy Hold or Sell Recommendation

BITFINEBTC -- Cryptlandia Crypto  

USD 3,613  24.77  0.01%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Bitfinex Bitcoin USD is 'Strong Sell'. Macroaxis provides Bitfinex Bitcoin buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BITFINEBTC 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 BITFINEBTC buy-and-hold prospective. Check also Bitfinex Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Bitfinex BitcoinBuy Bitfinex Bitcoin
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Bitfinex Bitcoin USD has a mean deviation of 3.21, semi deviation of 0.0, standard deviation of 4.79, variance of 22.99, 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.

Bitfinex Bitcoin Returns Distribution Density

Mean Return0.38Value At Risk10.21
Potential Upside8.19Standard Deviation4.79
 Return Density 
      Distribution 

Bitfinex Bitcoin Greeks

α
Alpha over DOW
=0.4
β
Beta against DOW=0.26
σ
Overall volatility
=4.21
Ir
Information ratio =0.07

Bitfinex Bitcoin Volatility Alert

Bitfinex Bitcoin USD exhibits very low volatility with skewness of -0.52 and kurtosis of 2.38. However, we advise investors to further study Bitfinex Bitcoin USD technical indicators to make sure all market info is available and is reliable.

Bitfinex Bitcoin Alerts

Trading Alerts and Improvement Suggestions

Bitfinex Bitcoin USD generates negative expected return over the last 30 days
Bitfinex Bitcoin USD has high historical volatility and very poor performance
Check also Bitfinex Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Search macroaxis.com