Bitfinex Recovery (in USD) Backtesting

BITFINERRT -- Cryptlandia Crypto  

USD 0.07  0.00727  12.14%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Bitfinex Recovery Right Tokens USD and determine expected loss or profit from investing in Bitfinex Recovery over given investment horizon. Check also Bitcoin Browser, Bitfinex Recovery Correlation, Portfolio Optimization, Bitfinex Recovery Volatility as well as analyze Investing Opportunities and Bitfinex Recovery Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Bitfinex Recovery 'What if' Analysis

April 25, 2019
0.00
No Change 0.00  0.0%
In 2 months and 1 day
June 24, 2019
0.00
If you would invest  0.00  in Bitfinex Recovery on April 25, 2019 and sell it all today you would earn a total of 0.00 from holding Bitfinex Recovery Right Tokens USD or generate 0.0% return on investment in Bitfinex Recovery over 60 days. Bitfinex Recovery is related to or competes with OKCoin Bitcoin, Liquid Bitcoin, Gemini Bitcoin, Threexbit Bitcoin, Bitlish Bitcoin, Exenium Bitcoin, and BitTrex Bitcoin. Bitfinex Recovery Right Tokens USD is a digital security from online money exchange where you can buy or sell Recovery R...

Bitfinex Recovery Upside/Downside Indicators

Downside Deviation5.52
Maximum Drawdown31.06
Value At Risk(8.88)
Potential Upside15.53

Bitfinex Recovery Market Premium Indicators

Risk Adjusted Performance0.01

Bitfinex Recovery Right Backtested Returns

Bitfinex Recovery is unusually volatile given 2 months investment horizon. Bitfinex Recovery Right secures Sharpe Ratio (or Efficiency) of 0.1782 which signifies that ##coin2## had 0.1782% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing risk of a crypto is to use both market data as well as coin specific technical data. We found twenty different technical indicators which can help you to evaluate if expected returns of 1.1747% are justified by taking the suggested risk. Use Bitfinex Recovery Mean Deviation of 4.51, Downside Deviation of 5.52 and Risk Adjusted Performance of 0.01 to evaluate coin specific risk that cannot be diversified away. The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Bitfinex Recovery are completely uncorrelated. Although it is vital to follow to Bitfinex Recovery Right historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Bitfinex Recovery Right Tokens USD expected return of 1.1747 will be sustainable into the future, we have found twenty different technical indicators which can help you to check if the expected returns are sustainable.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.04) 
correlation synergy

Very weak reverse predictability

Bitfinex Recovery Right Tokens USD has very weak reverse predictability. Overlapping area represents the amount of predictability between Bitfinex Recovery time series from April 25, 2019 to May 25, 2019 and May 25, 2019 to June 24, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bitfinex Recovery Right price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Bitfinex Recovery price fluctuation can be explain by its past prices. Given that Bitfinex Recovery Right Tokens USD has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Bitfinex Recovery for similar time interval.
Correlation Coefficient-0.04
Spearman Rank Test0.12
Residual Average0.0
Price Variance0.0

Bitfinex Recovery Right lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Bitfinex Recovery regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Bitfinex Recovery Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - BITFINERRT

Bitfinex Recovery Right Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Bitfinex Recovery Right Tokens USD. What is your opinion about investing in Bitfinex Recovery Right Tokens USD? Are you bullish or bearish?
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Bitfinex Recovery Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Bitfinex Recovery and Lykke SolarCoin USD. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Check also Bitcoin Browser, Bitfinex Recovery Correlation, Portfolio Optimization, Bitfinex Recovery Volatility as well as analyze Investing Opportunities and Bitfinex Recovery Performance. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
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