Bitfinex Recovery is unusually volatile given 2 months investment horizon. Bitfinex Recovery Right
secures Sharpe Ratio (or Efficiency) of 0.1695 which signifies that ##coin2## had 0.1695% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing risk of a crypto is to use both market data as well as coin specific technical data. We found twenty-one different technical indicators
which can help you to evaluate if expected returns of 1.1315% are justified by taking the suggested risk. Use Bitfinex Recovery Risk Adjusted Performance
of 0.1472, Mean Deviation
of 4.37 and Downside Deviation
of 5.32 to evaluate coin specific risk that cannot be diversified away. The organization shows Beta (market volatility) of 0.5939 which signifies that as returns on market increase, Bitfinex Recovery returns are expected to increase less than the market. However during bear market, the loss on holding Bitfinex Recovery will be expected to be smaller as well. Although it is vital to follow to Bitfinex Recovery Right
historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators
. To evaluate if Bitfinex Recovery Right Tokens USD expected return of 1.1315 will be sustainable into the future, we have found twenty-one different technical indicators
which can help you to check if the expected returns are sustainable.
Very weak predictability
Bitfinex Recovery Right Tokens USD has very weak predictability. Overlapping area represents the amount of predictability between Bitfinex Recovery time series from April 17, 2019 to May 17, 2019 and May 17, 2019 to June 16, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bitfinex Recovery Right price movement. The serial correlation of 0.19 indicates that over 19.0% of current Bitfinex Recovery price fluctuation can be explain by its past prices.