Yobit Litecoin (in USD) Buy or Sell Recommendation

Macroaxis provides Yobit Litecoin USD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Yobit Litecoin positions. The advice algorithm takes into account all of Yobit Litecoin USD available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Yobit Litecoin buy-and-hold prospective. See also Yobit Litecoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Yobit Litecoin USD -- Cryptlandia Crypto  

USD 230  29  11.2%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Yobit Litecoin USD is 'Strong Sell'.
For the selected time horizon Yobit Litecoin USD has a mean deviation of 4.33, semi deviation of 0.0, standard deviation of 5.97, variance of 35.58, downside variance of 0.0 and semi variance of 0.0
Macroaxis provides buy or sell recommendation on Yobit Litecoin to complement and cross-verify current analyst consensus on Yobit Litecoin USD. Our buy or sell advice engine determines the crypto potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please be advised to check out Yobit Litecoin USD Market Capitalization to validate our buy or sell recommendation.

Returns Distribution Density

Mean Return0.77Value At Risk10.17
Potential Upside7.79Standard Deviation5.97
 Return Density 
      Distribution 

Yobit Litecoin Greeks

α
Alpha over DOW
=0.23
β
Beta against DOW=4.84
σ
Overall volatility
=5.56
Ir
Information ratio =0.17

Yobit Litecoin Volatility Alert

Yobit Litecoin USD exhibits very low volatility with skewness of 0.42 and kurtosis of 0.85. However, we advise investors to further study Yobit Litecoin USD technical indicators to make sure all market info is available and is reliable.
SellBuy
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable
Risk Adjusted Performance(0.041397)
Market Risk Adjusted Performance0.1717
Mean Deviation4.33
Coefficient Of Variation(772.87)
Standard Deviation5.97
Variance35.58
Information Ratio(0.17)
Jensen Alpha0.2283
Total Risk Alpha(3.96)
Treynor Ratio0.1617
Maximum Drawdown19.71
Value At Risk(10.17)
Potential Upside7.79
Skewness0.4227
Kurtosis0.853