itBit Bitcoin (in USD) Buy Hold or Sell Recommendation

ITBITBTC -- Cryptlandia Crypto  

USD 3,535  4.52  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding itBit Bitcoin USD is 'Strong Sell'. Macroaxis provides itBit Bitcoin buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ITBITBTC positions. The advice algorithm takes into account all of itBit Bitcoin USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ITBITBTC buy-and-hold prospective. Please also check itBit 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 itBit BitcoinBuy itBit Bitcoin
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon itBit Bitcoin USD has a mean deviation of 3.67, semi deviation of 0.0, standard deviation of 6.17, variance of 38.07, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides buy or sell advice on itBit Bitcoin USD to complement and cross-verify current analyst consensus on itBit Bitcoin. Our buy, hold, or sell suggestion engine determines the crypto potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please be advised to check out itBit Bitcoin USD Market Capitalization to validate our buy or sell recommendation.

itBit Bitcoin Returns Distribution Density

Mean Return0.75Value At Risk9.84
Potential Upside8.22Standard Deviation6.17
 Return Density 
      Distribution 

itBit Bitcoin Greeks

α
Alpha over DOW
=0.77
β
Beta against DOW=0.22
σ
Overall volatility
=5.60
Ir
Information ratio =0.11

itBit Bitcoin Volatility Alert

itBit Bitcoin USD is displaying above average volatility of 6.17 over selected time horizon. Investors should scrutinize itBit Bitcoin USD independently to make sure intended market timing strategies are aligned with expectations about itBit Bitcoin volatility.

itBit Bitcoin Alerts

Trading Alerts and Improvement Suggestions

itBit Bitcoin USD generates negative expected return over the last 30 days
itBit Bitcoin USD has high historical volatility and very poor performance
Please also check itBit 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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