Cexio Bitcoin (in USD) Backtesting

CEXIOBTC -- Cryptlandia Crypto  

USD 3,705  254.50  6.43%

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
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Cexio Bitcoin 'What if' Analysis

December 21, 2018
0.00
No Change 0.00  0.0%
In 2 months and 2 days
February 19, 2019
0.00
If you would invest  0.00  in Cexio Bitcoin on December 21, 2018 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 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 Deviation3.11
Information Ratio0.0261
Maximum Drawdown17.53
Value At Risk(4.71)
Potential Upside6.59
  

Cexio Bitcoin Market Premium Indicators

Risk Adjusted Performance0.1001
Jensen Alpha0.1307
Total Risk Alpha0.0309
Sortino Ratio0.0247
Treynor Ratio0.6014

Cexio Bitcoin USD Backtested Returns

We consider Cexio Bitcoin risky. Cexio Bitcoin USD secures Sharpe Ratio (or Efficiency) of 0.0085 which signifies that the crypto had 0.0085% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing volatility of a crypto is to use all available market data together with crypto specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Cexio Bitcoin USD which you can use to evaluate future volatility of the entity. Please confirm Cexio Bitcoin USD Risk Adjusted Performance of 0.1001, Downside Deviation of 3.11 and Mean Deviation of 1.83 to double-check if risk estimate we provide are consistent with the epected return of 0.0217%. The organization shows Beta (market volatility) of 0.2465 which signifies that as returns on market increase, Cexio Bitcoin returns are expected to increase less than the market. However during bear market, the loss on holding Cexio Bitcoin will be expected to be smaller as well. Although it is extremely important to respect Cexio Bitcoin USD historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any crypto is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Cexio Bitcoin USD technical indicators you can presently evaluate if the expected return of 0.0217% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.63) 
correlation synergy

Very good reverse predictability

Cexio Bitcoin USD has very good reverse predictability. Overlapping area represents the amount of predictability between Cexio Bitcoin time series from December 21, 2018 to January 20, 2019 and January 20, 2019 to February 19, 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 -0.63 indicates that roughly 63.0% of current Cexio Bitcoin price fluctuation can be explain by its past prices. Given that Cexio Bitcoin USD has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Cexio Bitcoin for similar time interval.
Correlation Coefficient-0.63
Spearman Rank Test-0.29
Residual Average0.0
Price Variance13687.3

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 

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Cexio Bitcoin Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Cexio Bitcoin and Yobit BaseballCardCoin. 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
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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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