itBit Bitcoin (in USD) Buy or Sell Recommendation

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 USD -- Cryptlandia Crypto  

USD 11,080  14.28  0.13%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding itBit Bitcoin USD is 'Cautious Hold'.
For the selected time horizon itBit Bitcoin USD has a mean deviation of 6.13, semi deviation of 0.0, standard deviation of 8.69, variance of 75.5, 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.

Returns Distribution Density

Mean Return0.96Value At Risk11.56
Potential Upside13.47Standard Deviation8.69
 Return Density 
      Distribution 

itBit Bitcoin Greeks

α
Alpha over DOW
=3.41
β
Beta against DOW=9.69
σ
Overall volatility
=8.55
Ir
Information ratio =0.14

itBit Bitcoin Volatility Alert

itBit Bitcoin USD is displaying above average volatility of 8.69 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.
SellBuy
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
Risk Adjusted Performance(0.039046)
Market Risk Adjusted Performance(0.090291)
Mean Deviation6.13
Coefficient Of Variation(903.68)
Standard Deviation8.69
Variance75.5
Information Ratio(0.14)
Jensen Alpha(3.41)
Total Risk Alpha(5.96)
Treynor Ratio(0.1)
Maximum Drawdown39.37
Value At Risk(11.56)
Potential Upside13.47
Skewness(0.74)
Kurtosis1.99