Bitfinex Litecoin (in USD) Buy or Sell Recommendation

Macroaxis provides Bitfinex Litecoin USD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Bitfinex Litecoin positions. The advice algorithm takes into account all of Bitfinex Litecoin USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Bitfinex Litecoin buy-and-hold prospective. Check also Bitfinex Litecoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Bitfinex Litecoin USD -- Cryptlandia Crypto  

USD 177.08  6.62  3.88%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Bitfinex Litecoin USD is 'Cautious Hold'.
For the selected time horizon Bitfinex Litecoin USD has a mean deviation of 7.51, semi deviation of 0.0, standard deviation of 11.41, variance of 130.29, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides buy, hold, or sell suggestion on Bitfinex Litecoin USD to complement and cross-verify current analyst consensus on Bitfinex Litecoin USD. Our buy, hold, or sell recommendation engine determines the crypto potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please be advised to confirm Bitfinex Litecoin USD Market Capitalization to validate our buy or sell recommendation.

Returns Distribution Density

Mean Return0.89Value At Risk11.28
Potential Upside15.22Standard Deviation11.41
 Return Density 
      Distribution 

Bitfinex Litecoin Greeks

α
Alpha over DOW
=4.18
β
Beta against DOW=12.99
σ
Overall volatility
=10.66
Ir
Information ratio =0.1

Bitfinex Litecoin Volatility Alert

Bitfinex Litecoin USD is displaying above average volatility of 11.41 over selected time horizon. Investors should scrutinize Bitfinex Litecoin USD independently to make sure intended market timing strategies are aligned with expectations about Bitfinex Litecoin volatility.
SellBuy
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
Risk Adjusted Performance(0.024776)
Market Risk Adjusted Performance(0.059653)
Mean Deviation7.51
Coefficient Of Variation(1,275)
Standard Deviation11.41
Variance130.29
Information Ratio(0.1)
Jensen Alpha(4.18)
Total Risk Alpha(7.45)
Treynor Ratio(0.069653)
Maximum Drawdown50.66
Value At Risk(11.28)
Potential Upside15.22
Skewness(0.74)
Kurtosis3.61