Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding BitTrex Litecoin USD is 'Strong Sell'. Macroaxis provides BitTrex Litecoin buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BITTREXLTC positions. The advice algorithm takes into account all of BitTrex Litecoin USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from BITTREXLTC buy-and-hold prospective. Check also BitTrex Litecoin 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.
For the selected time horizon BitTrex Litecoin USD has a mean deviation of 4.14, semi deviation of 0.0, standard deviation of 5.67, variance of 32.18, downside variance of 0.0 and semi variance of 0.0Macroaxis buy, hold, or sell recommendation module can be used to complement current analysts and expert consensus on BitTrex Litecoin. Our buy, hold, or sell suggestion engine makes use of analyzes the entity potential to grow using all fundamental data market data available at the time. Please be advised to confirm BitTrex Litecoin USD Market Capitalization to validate our buy or sell recommendation.
Odds of Distress
BitTrex Litecoin Returns Distribution Density
|Mean Return||1.1||Value At Risk||11.33|
|Potential Upside||8.31||Standard Deviation||5.67|
BitTrex Litecoin Greeks
|Alpha over DOW||=||1.19|
|Beta against DOW||=||0.45|
BitTrex Litecoin Volatility Alert
BitTrex Litecoin USD exhibits very low volatility with skewness of -0.08 and kurtosis of 0.78. However, we advise investors to further study BitTrex Litecoin USD technical indicators to make sure all market info is available and is reliable.
Check also BitTrex Litecoin 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.