LocalBitcoins Bitcoin (in USD) Buy Hold or Sell Recommendation

LOCALBIBTC -- Cryptlandia Crypto  

USD 6,510  129.27  1.95%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding LocalBitcoins Bitcoin USD is 'Hold'. Macroaxis provides LocalBitcoins Bitcoin buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LOCALBIBTC positions. The advice algorithm takes into account all of LocalBitcoins Bitcoin USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from LOCALBIBTC buy-and-hold prospective. Please see also LocalBitcoins 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.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell LocalBitcoins BitcoinBuy LocalBitcoins Bitcoin
Hold

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
For the selected time horizon LocalBitcoins Bitcoin USD has a risk adjusted performance of 0.1065, jensen alpha of 4.4, total risk alpha of 7.38, sortino ratio of 0.0969 and treynor ratio of 0.2603
Macroaxis provides buy or sell recommendations on LocalBitcoins Bitcoin USD to complement and cross-verify current analyst consensus on LocalBitcoins Bitcoin. 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 LocalBitcoins Bitcoin USD Market Capitalization to validate our buy or sell recommendation.

LocalBitcoins Bitcoin Returns Distribution Density

Mean Return2.66Value At Risk35.39
Potential Upside42.09Standard Deviation29.84
 Return Density 
      Distribution 

LocalBitcoins Bitcoin Greeks

α
Alpha over DOW
=4.40
β
Beta against DOW=10.17
σ
Overall volatility
=30.53
Ir
Information ratio =0.09

LocalBitcoins Bitcoin Volatility Alert

LocalBitcoins Bitcoin USD is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to make sure related market timing strategies are aligned with all the expectations about LocalBitcoins Bitcoin implied risk.

LocalBitcoins Bitcoin Alerts

Trading Alerts and Improvement Suggestions

LocalBitcoins Bitcoin appears to be very risky and stock price may revert if volatility continues
Please see also LocalBitcoins 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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