WavesDEX Waves (in USD) Buy Hold or Sell Recommendation

WAVESDEWAVES -- Cryptlandia Crypto  

 2.08  0.01  0.48%

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

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon WavesDEX Waves USD has a risk adjusted performance of 0.029716, jensen alpha of 0.07, total risk alpha of 0.0751, sortino ratio of 0.0 and treynor ratio of 0.14
We provide recommendation to complement the prevalent expert consensus on WavesDEX Waves USD. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the organization potential to grow using all technical and fundamental data available at the time. Please be advised to check out WavesDEX Waves USD Market Capitalization to validate our buy or sell recommendation.

WavesDEX Waves Returns Distribution Density

Mean Return0.12Value At Risk5.53
Potential Upside6.88Standard Deviation3.41
 Return Density 
      Distribution 

WavesDEX Waves Greeks

α
Alpha over DOW
=0.07
β
Beta against DOW=0.89
σ
Overall volatility
=3.34
Ir
Information ratio =0.02

WavesDEX Waves Volatility Alert

WavesDEX Waves USD exhibits very low volatility with skewness of 0.5 and kurtosis of 0.47. However, we advise investors to further study WavesDEX Waves USD technical indicators to make sure all market info is available and is reliable.

WavesDEX Waves Alerts

Trading Alerts and Improvement Suggestions

WavesDEX Waves USD generates negative expected return over the last 30 days
WavesDEX Waves USD has high historical volatility and very poor performance
See also WavesDEX Waves 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 Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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