Bitfinex Recovery (in USD) Performance

BITFINERRT -- Cryptlandia Crypto  

USD 0.035  0.0012  3.55%

The organization shows Beta (market volatility) of -0.2327 which signifies that as returns on market increase, returns on owning Bitfinex Recovery are expected to decrease at a much smaller rate. During bear market, Bitfinex Recovery is likely to outperform the market. Even though it is essential to pay attention to Bitfinex Recovery Right historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any crypto is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bitfinex Recovery Right Tokens USD exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Bitfinex Recovery Right Relative Risk vs. Return Landscape

If you would invest  3.70  in Bitfinex Recovery Right Tokens USD on January 20, 2019 and sell it today you would lose (0.20)  from holding Bitfinex Recovery Right Tokens USD or give up 5.41% of portfolio value over 30 days. Bitfinex Recovery Right Tokens USD is generating negative expected returns and assumes 2.6571% volatility on return distribution over the 30 days horizon. Simply put, 24% of equities are less volatile than Bitfinex Recovery and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Bitfinex Recovery is expected to under-perform the market. In addition to that, the company is 1.41 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.22 per unit of volatility.

Bitfinex Recovery Market Risk Analysis

Sharpe Ratio = -0.0393
Good Returns
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Negative ReturnsBITFINERRT

Bitfinex Recovery Relative Performance Indicators

Estimated Market Risk
  actual daily
 24 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Bitfinex Recovery is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bitfinex Recovery by adding it to a well-diversified portfolio.

Bitfinex Recovery Performance Rating

Bitfinex Recovery Right Tokens USD Risk Adjusted Performance Analysis


Risk-Adjusted Performance

Over the last 30 days Bitfinex Recovery Right Tokens USD has generated negative risk-adjusted returns adding no value to investors with long positions.

Bitfinex Recovery Alerts

Equity Alerts and Improvement Suggestions

Bitfinex Recovery generates negative expected return over the last 30 days
Bitfinex Recovery has some characteristics of a very speculative penny stock
Check also Trending Equities. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.