LocalBitcoins Bitcoin (in USD) Buy or Sell Recommendation

LocalBitcoins Bitcoin USD -- Cryptlandia Crypto  

USD 9,079  2,045  18.38%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding LocalBitcoins Bitcoin USD is 'Strong Sell'. Macroaxis provides LocalBitcoins Bitcoin USD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LocalBitcoins Bitcoin 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 LocalBitcoins Bitcoin buy-and-hold prospective. Please see also LocalBitcoins Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

LocalBitcoins Bitcoin Current Recommendation

SellBuy
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon LocalBitcoins Bitcoin USD has a mean deviation of 16.07, semi deviation of 15.7, standard deviation of 20.72, variance of 429.4, downside variance of 280.87 and semi variance of 246.52
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 Thematic Classifications

Returns Distribution Density

Mean Return2.10Value At Risk22.6
Potential Upside40.93Standard Deviation20.72
 Return Density 
      Distribution 

LocalBitcoins Bitcoin Greeks

α
Alpha over DOW
=1.71
β
Beta against DOW=3.86
σ
Overall volatility
=21.46
Ir
Information ratio =0.11

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.

Did You Try This Idea?

Run Agriculture Thematic Idea Now
Agriculture
Agriculture Idea
Fama and French focus on testing asset pricing under different economic assumptions. Agriculture theme has 19 constituents.
View All  Next Launch Agriculture
Please see also LocalBitcoins Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.