itBit Bitcoin (in USD) Buy Hold or Sell Recommendation

ITBITBTC -- Cryptlandia Crypto  

USD 7,746  129.16  1.70%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding itBit Bitcoin USD is 'Cautious 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 current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell itBit BitcoinBuy itBit Bitcoin
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon itBit Bitcoin USD has a mean deviation of 2.52, semi deviation of 1.11, standard deviation of 4.25, variance of 18.03, downside variance of 3.89 and semi variance of 1.23
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.

Returns Distribution Density

Mean Return1.06Value At Risk2.65
Potential Upside7.71Standard Deviation4.25
 Return Density 
      Distribution 

itBit Bitcoin Greeks

α
Alpha over DOW
=1.25
β
Beta against DOW=1.76
σ
Overall volatility
=4.24
Ir
Information ratio =0.22

itBit Bitcoin Volatility Alert

itBit Bitcoin USD has relatively low volatility with skewness of 2.72 and kurtosis of 9.03. However, we advise all investors to independently investigate itBit Bitcoin USD to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.

itBit Bitcoin Alerts

Trading Alerts and Improvement Suggestions
itBit Bitcoin USD appears to be very risky and stock price may revert if volatility continues
Please also check itBit Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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