itBit Bitcoin (in USD) Buy or Sell Recommendation

itBit Bitcoin USD -- Cryptlandia Crypto  

USD 8,793  12.57  0.14%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding itBit Bitcoin USD is 'Strong Sell'. Macroaxis provides itBit Bitcoin USD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding itBit Bitcoin 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 itBit Bitcoin 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

itBit Bitcoin Current Recommendation

SellBuy
Strong Sell

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 3.42, semi deviation of 4.58, standard deviation of 4.5, variance of 20.24, downside variance of 22.13 and semi variance of 20.98
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 Return0.033892Value At Risk8.04
Potential Upside6.67Standard Deviation4.50
 Return Density 
      Distribution 

itBit Bitcoin Greeks

α
Alpha over DOW
=0.013666
β
Beta against DOW=0.14
σ
Overall volatility
=4.42
Ir
Information ratio =0.0218

itBit Bitcoin Volatility Alert

itBit Bitcoin USD exhibits above average semi-deviation of 4.58 for selected time horizon. We encourage investors to investigate itBit Bitcoin USD individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about itBit Bitcoin future systematic risk.

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Please also check itBit Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.