Bitfinex Bitcoin (in USD) Buy Hold or Sell Recommendation

BITFINEBTC -- Cryptlandia Crypto  

USD 6,739  26.80  0.40%

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

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Bitfinex Bitcoin USD has a risk adjusted performance of 0.0694, jensen alpha of 0.2064, total risk alpha of 0.3138, sortino ratio of 0.0917 and treynor ratio of 0.1758
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 Return0.16Value At Risk4.27
Potential Upside5.31Standard Deviation2.76
 Return Density 
      Distribution 

Bitfinex Bitcoin Greeks

α
Alpha over DOW
=0.21
β
Beta against DOW=0.86
σ
Overall volatility
=2.58
Ir
Information ratio =0.08

Bitfinex Bitcoin Volatility Alert

Bitfinex Bitcoin USD currently demonstrates below average downside deviation of 2.35. It has Information Ratio of 0.08 and Jensen Alpha of 0.21. However, we do advice investors to further question Bitfinex Bitcoin USD expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk.

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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 Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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