Bitfinex Monero (in USD) Buy Hold or Sell Recommendation

BITFINEXMR -- Cryptlandia Crypto  

USD 120.84  1.06  0.87%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Bitfinex Monero USD is 'Cautious Hold'. Macroaxis provides Bitfinex Monero buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BITFINEXMR positions. The advice algorithm takes into account all of Bitfinex Monero USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from BITFINEXMR buy-and-hold prospective. Check also Bitfinex Monero Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Bitfinex MoneroBuy Bitfinex Monero
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Bitfinex Monero USD has a mean deviation of 5.47, semi deviation of 5.93, standard deviation of 7.45, variance of 55.53, downside variance of 67.02 and semi variance of 35.11
Macroaxis provides buy, hold, or sell suggestion on Bitfinex Monero USD to complement and cross-verify current analyst consensus on Bitfinex Monero 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 Monero USD Market Capitalization to validate our buy or sell recommendation.

Bitfinex Monero Returns Distribution Density

Mean Return1.62Value At Risk8.05
Potential Upside14.66Standard Deviation7.45
 Return Density 
      Distribution 

Bitfinex Monero Greeks

α
Alpha over DOW
=1.31
β
Beta against DOW=1.81
σ
Overall volatility
=7.35
Ir
Information ratio =0.19

Bitfinex Monero Volatility Alert

Bitfinex Monero USD is displaying above average volatility of 7.45 over selected time horizon. Investors should scrutinize Bitfinex Monero USD independently to make sure intended market timing strategies are aligned with expectations about Bitfinex Monero volatility.

Bitfinex Monero Alerts

Trading Alerts and Improvement Suggestions

Bitfinex Monero USD appears to be very risky and stock price may revert if volatility continues
Latest headline from cointelegraph.com: Deutsche Bank Institutional Trader Joins Japanese Crypto Startup
Check also Bitfinex Monero Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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