Kraken Litecoin (in USD) Buy Hold or Sell Recommendation

KRAKENLTC -- Cryptlandia Crypto  

USD 52.77  1.27  2.47%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Kraken Litecoin USD is '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 the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Kraken LitecoinBuy Kraken Litecoin
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Kraken Litecoin USD has a risk adjusted performance of 0.06, jensen alpha of 0.07, total risk alpha of 0.4324, sortino ratio of 0.0 and treynor ratio of 0.25
Macroaxis buy or sell recommendations module provides unbiased advice that can be used to complement current average analyst sentiment on Kraken Litecoin. Our buy or sell recommendations engine ##verb4## current market data to analyse the crypto potential to grow from the prospective of investors risk tolerance and investing horizon. Please be advised to verify Kraken Litecoin USD Market Capitalization to validate our buy or sell recommendation.

Kraken Litecoin Returns Distribution Density

Mean Return0.26Value At Risk4.8
Potential Upside8.30Standard Deviation4.15
 Return Density 
      Distribution 

Kraken Litecoin Greeks

α
Alpha over DOW
=0.07
β
Beta against DOW=1.11
σ
Overall volatility
=4.08
Ir
Information ratio =0.02

Kraken Litecoin Volatility Alert

Kraken Litecoin USD exhibits very low volatility with skewness of 0.75 and kurtosis of 2.74. 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 the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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