FileCoin Buy Hold or Sell Recommendation

FIL Crypto  USD 5.49  0.02  0.37%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding FileCoin is 'Strong Sell'. Macroaxis provides FileCoin buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FileCoin positions. The advice algorithm takes into account all of FileCoin's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from FileCoin's buy-and-hold perspective. Please check

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Sell FileCoinBuy FileCoin
Strong Sell

Volatility

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Hype Condition

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Current Valuation

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Odds of Distress

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Economic Sensitivity

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For the selected time horizon FileCoin has a Mean Deviation of 3.96, Semi Deviation of 6.94, Standard Deviation of 6.58, Variance of 43.25, Downside Variance of 52.94 and Semi Variance of 48.22
We provide trade advice to complement the prevailing expert consensus on FileCoin. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the crypto's potential to grow using all technical and fundamental data available at the time.

FileCoin Trading Alerts and Improvement Suggestions

FileCoin has very high historical volatility over the last 90 days

FileCoin Returns Distribution Density

The distribution of FileCoin's historical returns is an attempt to chart the uncertainty of FileCoin's future price movements. The chart of the probability distribution of FileCoin daily returns describes the distribution of returns around its average expected value. We use FileCoin price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of FileCoin returns is essential to provide solid investment advice for FileCoin cryptocurrency.
Mean Return0.06Value At Risk-7.78
Potential Upside9.00Standard Deviation6.58
   Return Density   
       Distribution  
Cryptocurrency investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of FileCoin historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different crypto investement strategies.

FileCoin Greeks

Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to FileCoin project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that FileCoin's price will be affected by overall cryptocurrency market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a FileCoin crypto's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.03
β
Beta against NYSE Composite0.60
σ
Overall volatility
6.05
Ir
Information ratio -0.01

FileCoin Volatility Alert

FileCoin is displaying above-average volatility over the selected time horizon. Investors should scrutinize FileCoin independently to ensure intended cryptocurrency market timing strategies are aligned with expectations about FileCoin volatility. Please note that many cryptocurrencies are speculative and subject to artificial price hype. Ensure you understand the upside potential and downside risk of investing in FileCoin. We encourage all cryptocurrency investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before the public announcements. Please also check the biographies and work history of current and past project contributors before investing in high-volatility crypto coins. You can indeed make money on FileCoin if you perfectly time your entry and exit. However, remember that cryptos that have been the subject of artificial hype usually cannot maintain its increased price for more than a few days. The price of a promoted high-volatility instrument will almost always revert. The only way to increase coin holder value is through legitimate performance analysis backed up by solid fundamentals of the project the coin represents. Understanding different market volatility trends often help investors time the market. Properly using volatility indicators enable traders to measure FileCoin's crypto coin risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact FileCoin's price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different cryptos as prices fall or investing in DeFi projects.

About FileCoin Buy or Sell Advice

When is the right time to buy or sell FileCoin? Buying financial instruments such as FileCoin Crypto Coin isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having FileCoin in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Marketing
Marketing Theme
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 10 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
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Please check FileCoin Technical Analysis You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running FileCoin price analysis, check to measure FileCoin's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy FileCoin is operating at the current time. Most of FileCoin's value examination focuses on studying past and present price actions to predict the probability of FileCoin's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move FileCoin's coin price. Additionally, you may evaluate how adding FileCoin to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between FileCoin's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine FileCoin value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, FileCoin's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.