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.
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 0.0Macroaxis 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.
Odds of Distress
itBit Bitcoin Returns Distribution Density
|Mean Return||0.75||Value At Risk||9.84|
|Potential Upside||8.22||Standard Deviation||6.17|
itBit Bitcoin Greeks
|Alpha over DOW||=||0.77|
|Beta against DOW||=||0.22|
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.
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.