Bitfinex Recovery (in USD) Backtesting

BITFINERRT -- Cryptlandia Crypto  

USD 0.06  0.00265  4.23%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Bitfinex Recovery Right Tokens USD and determine expected loss or profit from investing in Bitfinex Recovery over given investment horizon. Check also Bitcoin Browser, Bitfinex Recovery Correlation, Portfolio Optimization, Bitfinex Recovery Volatility as well as analyze Investing Opportunities and Bitfinex Recovery Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Bitfinex Recovery 'What if' Analysis

April 17, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
June 16, 2019
0.00
If you would invest  0.00  in Bitfinex Recovery on April 17, 2019 and sell it all today you would earn a total of 0.00 from holding Bitfinex Recovery Right Tokens USD or generate 0.0% return on investment in Bitfinex Recovery over 60 days. Bitfinex Recovery is related to or competes with OKCoin Bitcoin, Liquid Bitcoin, Yobit Bitcoin, Gemini Bitcoin, Threexbit Bitcoin, Bitlish Bitcoin, and BitTrex Bitcoin. Bitfinex Recovery Right Tokens USD is a digital security from online money exchange where you can buy or sell Recovery R...

Bitfinex Recovery Upside/Downside Indicators

Downside Deviation5.32
Information Ratio0.1864
Maximum Drawdown28.23
Value At Risk(8.88)
Potential Upside15.53

Bitfinex Recovery Market Premium Indicators

Risk Adjusted Performance0.1472
Jensen Alpha1.23
Total Risk Alpha1.49
Sortino Ratio0.2333
Treynor Ratio2.04

Bitfinex Recovery Right Backtested Returns

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.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.19 
correlation synergy

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.
Correlation Coefficient0.19
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.0

Bitfinex Recovery Right lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bitfinex Recovery regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bitfinex Recovery Lagged Returns

 Regressed Prices 
      Timeline 

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Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Bitfinex Recovery Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Bitfinex Recovery and OKCoin Bitcoin USD. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Check also Bitcoin Browser, Bitfinex Recovery Correlation, Portfolio Optimization, Bitfinex Recovery Volatility as well as analyze Investing Opportunities and Bitfinex Recovery Performance. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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