itBit Bitcoin (in USD) Buy Hold or Sell Recommendation

ITBITBTC -- Cryptlandia Crypto  

USD 6,441  7.82  0.12%

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

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon itBit Bitcoin USD has a risk adjusted performance of 0.0194, jensen alpha of 0.0911, total risk alpha of 0.2021, sortino ratio of 0.0484 and treynor ratio of 0.0235
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 Return0.027466Value At Risk4.2
Potential Upside2.66Standard Deviation1.99
 Return Density 
      Distribution 

itBit Bitcoin Greeks

α
Alpha over DOW
=0.09
β
Beta against DOW=0.74
σ
Overall volatility
=1.99
Ir
Information ratio =0.06

itBit Bitcoin Volatility Alert

itBit Bitcoin USD currently demonstrates below average downside deviation of 2.41. It has Information Ratio of 0.06 and Jensen Alpha of 0.09. However, we do advice investors to further question itBit 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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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 Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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