Yobit Litecoin (in USD) Buy Hold or Sell Recommendation

YOBITLTC -- Cryptlandia Crypto  

USD 49.84  2.43  5.13%

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

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Yobit Litecoin USD has a risk adjusted performance of 0.26, jensen alpha of 0.73, total risk alpha of 0.71, sortino ratio of 0.0 and treynor ratio of 1.14
Macroaxis buy or sell advice tool can be used to complement Yobit Litecoin USD recommendation provided by experts. It analyzes the crypto potential to grow against your specific risk preferences and investment horizon. Please be advised to check out Yobit Litecoin USD Market Capitalization to validate our buy or sell recommendation.

Yobit Litecoin Returns Distribution Density

Mean Return0.73Value At Risk4.75
Potential Upside3.26Standard Deviation3.38
 Return Density 
      Distribution 

Yobit Litecoin Greeks

α
Alpha over DOW
=0.73
β
Beta against DOW=0.65
σ
Overall volatility
=3.31
Ir
Information ratio =0.22

Yobit Litecoin Volatility Alert

Yobit Litecoin USD exhibits very low volatility with skewness of 0.1 and kurtosis of 3.25. However, we advise investors to further study Yobit Litecoin USD technical indicators to make sure all market info is available and is reliable.

Yobit Litecoin Alerts

Trading Alerts and Improvement Suggestions

Yobit Litecoin USD generates negative expected return over the last 30 days
Yobit Litecoin USD has high historical volatility and very poor performance
See also Yobit Litecoin 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 Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaxis investment ideas are predefined, sector-focused investing themes.
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