The organization shows Beta (market volatility) of -0.4104 which signifies that as returns on market increase, returns on owning Bitstamp Bitcoin are expected to decrease at a much smaller rate. During bear market, Bitstamp Bitcoin is likely to outperform the market. Although it is vital to follow to Bitstamp 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 Bitstamp Bitcoin USD expected return of 1.3334 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.
Compared to the overall equity markets, risk-adjusted returns on investments in Bitstamp Bitcoin USD are ranked lower than 18 (%) of all global equities and portfolios over the last 30 days. Even with considerably weak technical indicators, Bitstamp Bitcoin revealed solid returns over the last few months and may actually be approaching a breakup point.
|Horizon||30 Days Login to change|
Bitstamp Bitcoin USD Relative Risk vs. Return LandscapeIf you would invest 523,372 in Bitstamp Bitcoin USD on May 17, 2019 and sell it today you would earn a total of 359,463 from holding Bitstamp Bitcoin USD or generate 68.68% return on investment over 30 days. Bitstamp Bitcoin USD is generating 1.3334% of daily returns and assumes 4.8759% volatility on return distribution over the 30 days horizon. Simply put, 43% of equities are less volatile than Bitstamp Bitcoin and 75% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Bitstamp Bitcoin Market Risk Analysis
Sharpe Ratio = 0.2735
Bitstamp Bitcoin Relative Performance Indicators
Estimated Market Risk