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.
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Bitfinex Recovery Right Relative Risk vs. Return LandscapeIf 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 (%)
Bitfinex Recovery Market Risk Analysis
Sharpe Ratio = -0.0393
Bitfinex Recovery Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted PerformanceOver the last 30 days Bitfinex Recovery Right Tokens USD has generated negative risk-adjusted returns adding no value to investors with long positions.