BitTrex Ethereum (in USD) Performance

BITTREXETH -- Cryptlandia Crypto  

USD 216.92  0.36  0.17%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BitTrex Ethereum are completely uncorrelated. Although it is essential to pay attention to BitTrex 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 fundamental and technical indicators. To evaluate if BitTrex Ethereum USD expected return of 1.7581 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.
3737

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BitTrex Ethereum USD are ranked lower than 37 (%) of all global equities and portfolios over the last 30 days. Inspite fairly fragile basic indicators, BitTrex Ethereum showed solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

BitTrex Ethereum USD Relative Risk vs. Return Landscape

If you would invest  20,607  in BitTrex Ethereum USD on August 21, 2019 and sell it today you would earn a total of  1,085  from holding BitTrex Ethereum USD or generate 5.27% return on investment over 30 days. BitTrex Ethereum USD is generating 1.7581% of daily returns and assumes 3.1896% volatility on return distribution over the 30 days horizon. Simply put, 28% of equities are less volatile than BitTrex Ethereum and 67% 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, BitTrex Ethereum is expected to generate 3.48 times more return on investment than the market. However, the company is 3.48 times more volatile than its market benchmark. It trades about 0.55 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

BitTrex Ethereum Market Risk Analysis

Sharpe Ratio = 0.5512
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BitTrex Ethereum Relative Performance Indicators

Estimated Market Risk
 3.19
  actual daily
 
 28 %
of total potential
 
2828
Expected Return
 1.76
  actual daily
 
 33 %
of total potential
 
3333
Risk-Adjusted Return
 0.55
  actual daily
 
 37 %
of total potential
 
3737
Based on monthly moving average BitTrex Ethereum is performing at about 37% 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 BitTrex Ethereum by adding it to a well-diversified portfolio.

BitTrex Ethereum Alerts

Equity Alerts and Improvement Suggestions

BitTrex Ethereum USD is not yet fully synchronised with the market data
BitTrex Ethereum USD appears to be very risky and stock price may revert if volatility continues
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