Cexio Bitcoin is very risky given 2 months investment horizon. Cexio Bitcoin USD
secures Sharpe Ratio (or Efficiency) of 0.2639 which signifies that ##coin2## had 0.2639% 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-one different technical indicators
which can help you to evaluate if expected returns of 1.2629% are justified by taking the suggested risk. Use Cexio Bitcoin Risk Adjusted Performance
of 0.2099, Downside Deviation
of 4.28 and Mean Deviation
of 2.72 to evaluate coin specific risk that cannot be diversified away. The organization shows Beta (market volatility) of -0.8365 which signifies that as returns on market increase, returns on owning Cexio Bitcoin are expected to decrease at a much smaller rate. During bear market, Cexio Bitcoin is likely to outperform the market. Although it is vital to follow to Cexio Bitcoin USD
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 Cexio Bitcoin USD expected return of 1.2629 will be sustainable into the future, we have found twenty-one different technical indicators
which can help you to check if the expected returns are sustainable.
Cexio Bitcoin USD has average predictability. Overlapping area represents the amount of predictability between Cexio Bitcoin time series from April 17, 2019 to May 17, 2019 and May 17, 2019 to June 16, 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 Cexio Bitcoin USD price movement. The serial correlation of 0.46 indicates that about 46.0% of current Cexio Bitcoin price fluctuation can be explain by its past prices.