Yobit Ethereum (in USD) Buy Hold or Sell Recommendation

YOBITETC -- Cryptlandia Crypto  

 10.00  0.09  0.91%

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

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Yobit Ethereum Classic USD has a risk adjusted performance of 0.35, jensen alpha of 0.51, total risk alpha of 0.38, sortino ratio of 0.0 and treynor ratio of 0.56
This recommendation tool can be used to cross verify current analyst consensus on Yobit Ethereum Classic and to analyze the organization potential to grow in the current economic cycle. Please be advised to check out Yobit Ethereum Classic Market Capitalization to validate our buy or sell recommendation.

Yobit Ethereum Returns Distribution Density

Mean Return0.73Value At Risk2.74
Potential Upside1.64Standard Deviation2.22
 Return Density 
      Distribution 

Yobit Ethereum Greeks

α
Alpha over DOW
=0.51
β
Beta against DOW=1.32
σ
Overall volatility
=2.22
Ir
Information ratio =0.25

Yobit Ethereum Volatility Alert

Yobit Ethereum Classic USD exhibits very low volatility with skewness of -2.36 and kurtosis of 8.19. However, we advise investors to further study Yobit Ethereum Classic USD technical indicators to make sure all market info is available and is reliable.

Yobit Ethereum Alerts

Trading Alerts and Improvement Suggestions

Yobit Ethereum generates negative expected return over the last 30 days
See also Yobit Ethereum 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 Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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