Bitfinex Monero (in USD) Buy Hold or Sell Recommendation

BITFINEXMR -- Cryptlandia Crypto  

USD 127.73  5.83  4.78%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Bitfinex Monero USD is 'Sell'. Macroaxis provides Bitfinex Monero USD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Bitfinex Monero 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 Bitfinex Monero buy-and-hold prospective. Check also Bitfinex Monero Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice

Bitfinex Monero Current Recommendation

SellBuy
Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon Bitfinex Monero USD has a mean deviation of 4.25, semi deviation of 0.0, standard deviation of 5.83, variance of 34.02, downside variance of 0.0 and semi variance of 0.0
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.

Returns Distribution Density

Mean Return1.09Value At Risk13.17
Potential Upside4.42Standard Deviation5.83
 Return Density 
      Distribution 

Bitfinex Monero Greeks

α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=5.27
Ir
Information ratio =0.19

Bitfinex Monero Volatility Alert

Bitfinex Monero USD exhibits very low volatility with skewness of -0.5 and kurtosis of 1.04. However, we advise investors to further study Bitfinex Monero USD technical indicators to make sure all market info is available and is reliable.

Bitfinex Monero Alerts

Trading Alerts and Improvement Suggestions
Bitfinex Monero USD generates negative expected return over the last 30 days
Bitfinex Monero USD has high historical volatility and very poor performance

Did You Try This Idea?

Run Technology Thematic Idea Now
Technology
Technology Idea
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. Technology theme has 30 constituents.
View All  Next Launch Technology
Check also Bitfinex Monero Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.