Kraken Litecoin (in USD) Buy Hold or Sell Recommendation

KRAKENLTC -- Cryptlandia Crypto  

USD 88.79  12.09  15.76%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Kraken Litecoin USD is 'Cautious Hold'. Macroaxis provides Kraken Litecoin buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding KRAKENLTC positions. The advice algorithm takes into account all of Kraken Litecoin USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from KRAKENLTC buy-and-hold prospective. Please see also Kraken Litecoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Kraken LitecoinBuy Kraken Litecoin
Cautious Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
For the selected time horizon Kraken Litecoin USD has a mean deviation of 3.05, semi deviation of 0.0, standard deviation of 4.67, variance of 21.84, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides buy or sell recommendations on Kraken Litecoin USD to complement and cross-verify current analyst consensus on Kraken Litecoin. Our advice engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please be advised to verify Kraken Litecoin USD Market Capitalization to validate our buy or sell recommendation.

Returns Distribution Density

Mean Return1.05Value At Risk7.43
Potential Upside4.81Standard Deviation4.67
 Return Density 
      Distribution 

Kraken Litecoin Greeks

α
Alpha over DOW
=1.47
β
Beta against DOW=3.33
σ
Overall volatility
=5.18
Ir
Information ratio =0.25

Kraken Litecoin Volatility Alert

Kraken Litecoin USD exhibits very low volatility with skewness of -0.93 and kurtosis of 4.27. However, we advise investors to further study Kraken Litecoin USD technical indicators to make sure all market info is available and is reliable.

Kraken Litecoin Alerts

Trading Alerts and Improvement Suggestions
Kraken Litecoin USD generates negative expected return over the last 30 days
Kraken Litecoin USD has high historical volatility and very poor performance
Please see also Kraken Litecoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.