Kraken DigitalCash (in USD) Buy or Sell Recommendation

Macroaxis provides Kraken DigitalCash USD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Kraken DigitalCash positions. The advice algorithm takes into account all of Kraken DigitalCash USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Kraken DigitalCash buy-and-hold prospective. Please see also Kraken DigitalCash Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Kraken DigitalCash USD -- Cryptlandia Crypto  

USD 837.43  7.57  0.9%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Kraken DigitalCash USD is 'Strong Sell'.
For the selected time horizon Kraken DigitalCash USD has a mean deviation of 4.34, semi deviation of 0.0, standard deviation of 7.14, variance of 51.0, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides buy or sell recommendations on Kraken DigitalCash USD to complement and cross-verify current analyst consensus on Kraken DigitalCash. Our advice engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please be advised to verify Kraken DigitalCash USD Market Capitalization to validate our buy or sell recommendation.

Returns Distribution Density

Mean Return0.96Value At Risk9.28
Potential Upside9.03Standard Deviation7.14
 Return Density 
      Distribution 

Kraken DigitalCash Greeks

α
Alpha over DOW
=0.67
β
Beta against DOW=1.08
σ
Overall volatility
=8.38
Ir
Information ratio =0.18

Kraken DigitalCash Volatility Alert

Kraken DigitalCash USD is displaying above average volatility of 7.14 over selected time horizon. Investors should scrutinize Kraken DigitalCash USD independently to make sure intended market timing strategies are aligned with expectations about Kraken DigitalCash volatility.
SellBuy
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
Risk Adjusted Performance(0.048668)
Market Risk Adjusted Performance0.9118
Mean Deviation4.34
Coefficient Of Variation(742.41)
Standard Deviation7.14
Variance51.0
Information Ratio(0.18)
Jensen Alpha(0.67)
Total Risk Alpha(5.61)
Treynor Ratio0.9018
Maximum Drawdown35.97
Value At Risk(9.28)
Potential Upside9.03
Skewness(1.57)
Kurtosis5.52