itBit Ethereum (in USD) Performance

ITBITETH -- Cryptlandia Crypto  

 214.10  0.00  0.00%

The entity owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and itBit Ethereum are completely uncorrelated. Although it is extremely important to respect itBit Ethereum USD existing price patterns, it is better to be realistic regarding the information on equity price patterns. The philosophy towards determining future performance of any crypto is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing itBit Ethereum USD technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.

Risk-Adjusted Performance

Over the last 30 days itBit Ethereum USD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, itBit Ethereum is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
Horizon     30 Days    Login   to change

itBit Ethereum USD Relative Risk vs. Return Landscape

If you would invest  21,410  in itBit Ethereum USD on August 19, 2019 and sell it today you would earn a total of  0.00  from holding itBit Ethereum USD or generate 0.0% return on investment over 30 days. itBit Ethereum USD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than itBit Ethereum and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
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itBit Ethereum Market Risk Analysis

Sharpe Ratio = 0.0
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Based on monthly moving average itBit Ethereum is performing at about 0% 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 itBit Ethereum by adding it to a well-diversified portfolio.

itBit Ethereum Alerts

Equity Alerts and Improvement Suggestions

itBit Ethereum USD is not yet fully synchronised with the market data
Please also check Risk vs Return Analysis. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.