The entity maintains market beta of 0.0 which attests that the returns on MARKET and primexbt Ethereum are completely uncorrelated. Although it is extremely important to respect primexbt Ethereum USD historical price patterns, it is better to be realistic regarding the information on equity current price history. 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 examining primexbt Ethereum USD technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Over the last 30 days primexbt Ethereum USD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, primexbt Ethereum is not utilizing all of its potentials. The prevalent stock price disturbance, may contribute to short term losses for the investors.
|Horizon||30 Days Login to change|
primexbt Ethereum USD Relative Risk vs. Return LandscapeIf you would invest 20,964 in primexbt Ethereum USD on August 20, 2019 and sell it today you would earn a total of 0.00 from holding primexbt Ethereum USD or generate 0.0% return on investment over 30 days. primexbt 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 primexbt Ethereum and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
primexbt Ethereum Market Risk Analysis
Sharpe Ratio = 0.0