Cexio Bitcoin (in USD) Backtesting

CEXIOBTC -- Cryptlandia Crypto  

USD 8,838  17.50  0.20%

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

Cexio Bitcoin 'What if' Analysis

April 17, 2019
0.00
No Change 0.00  0.0%
In 2 months and 2 days
June 16, 2019
0.00
If you would invest  0.00  in Cexio Bitcoin on April 17, 2019 and sell it all today you would earn a total of 0.00 from holding Cexio Bitcoin USD or generate 0.0% return on investment in Cexio Bitcoin over 60 days. Cexio Bitcoin is related to or competes with BitTrex Komodo, LiveCoin CapriCoin, LiveCoin Dash, Bitfinex Dash, EXRATES Dash, Incorex Dash, and Cexio Dash. Cexio Bitcoin USD is a digital security from online money exchange where you can buy or sell Bitcoin for US Dollar

Cexio Bitcoin Upside/Downside Indicators

Downside Deviation4.28
Information Ratio0.2713
Maximum Drawdown34.35
Value At Risk(5.01)
Potential Upside7.06

Cexio Bitcoin Market Premium Indicators

Risk Adjusted Performance0.2099
Jensen Alpha1.24
Total Risk Alpha1.47
Sortino Ratio0.3035
Treynor Ratio(1.51)

Cexio Bitcoin USD Backtested Returns

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.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.46 
correlation synergy

Average predictability

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.
Correlation Coefficient0.46
Spearman Rank Test0.3
Residual Average0.0
Price Variance180104.36

Cexio Bitcoin USD lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Cexio Bitcoin regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Cexio Bitcoin Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - CEXIOBTC

Cexio Bitcoin USD Investor Sentiment

Most of Macroaxis users are currently bullish on Cexio Bitcoin USD. What is your opinion about investing in Cexio Bitcoin USD? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Cexio Bitcoin Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Cexio Bitcoin and BitTrex Komodo 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, Cexio Bitcoin Correlation, Portfolio Optimization, Cexio Bitcoin Volatility as well as analyze Investing Opportunities and Cexio Bitcoin Performance. Please also try CEO Directory module to screen ceos from public companies around the world.
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