Bitfinex Ethereum (in USD) Performance

BITFINEETH -- Cryptlandia Crypto  

USD 220.26  13.77  6.67%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Bitfinex Ethereum are completely uncorrelated. Although it is essential to pay attention to Bitfinex Ethereum USD historical returns, it is also good to be reasonable about what you can actually do with 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 available fundamental and technical indicators. To evaluate if Bitfinex Ethereum USD expected return of 3.3343 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.
4848

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Bitfinex Ethereum USD are ranked lower than 48 (%) of all global equities and portfolios over the last 30 days. In spite of rather fragile fundamental drivers, Bitfinex Ethereum exhibited solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

Bitfinex Ethereum USD Relative Risk vs. Return Landscape

If you would invest  20,649  in Bitfinex Ethereum USD on August 20, 2019 and sell it today you would earn a total of  1,377  from holding Bitfinex Ethereum USD or generate 6.67% return on investment over 30 days. Bitfinex Ethereum USD is generating 3.3343% of daily returns and assumes 4.7154% volatility on return distribution over the 30 days horizon. Simply put, 42% of equities are less volatile than Bitfinex Ethereum and 37% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Bitfinex Ethereum is expected to generate 5.19 times more return on investment than the market. However, the company is 5.19 times more volatile than its market benchmark. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

Bitfinex Ethereum Market Risk Analysis

Sharpe Ratio = 0.7071
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Bitfinex Ethereum Relative Performance Indicators

Estimated Market Risk
 4.72
  actual daily
 
 42 %
of total potential
 
4242
Expected Return
 3.33
  actual daily
 
 63 %
of total potential
 
6363
Risk-Adjusted Return
 0.71
  actual daily
 
 48 %
of total potential
 
4848
Based on monthly moving average Bitfinex Ethereum is performing at about 48% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bitfinex Ethereum by adding it to a well-diversified portfolio.

Bitfinex Ethereum Alerts

Equity Alerts and Improvement Suggestions

Bitfinex Ethereum is not yet fully synchronised with the market data
Bitfinex Ethereum appears to be very risky and stock price may revert if volatility continues
Check also Trending Equities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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