BitTrex Bitcoin (in USD) Performance

BITTREXBTC -- Cryptlandia Crypto  

USD 10,304  440.12  4.46%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and BitTrex Bitcoin are completely uncorrelated. Although it is essential to pay attention to BitTrex Bitcoin USD historical returns, it is also good to be reasonable about what you can actually do with 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 available fundamental and technical indicators. To evaluate if BitTrex Bitcoin USD expected return of 2.231 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.
4848

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in BitTrex Bitcoin USD are ranked lower than 48 (%) of all global equities and portfolios over the last 30 days. Inspite fairly fragile basic indicators, BitTrex Bitcoin showed solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

BitTrex Bitcoin USD Relative Risk vs. Return Landscape

If you would invest  986,368  in BitTrex Bitcoin USD on August 20, 2019 and sell it today you would earn a total of  44,012  from holding BitTrex Bitcoin USD or generate 4.46% return on investment over 30 days. BitTrex Bitcoin USD is generating 2.231% of daily returns and assumes 3.1551% volatility on return distribution over the 30 days horizon. Simply put, 28% of equities are less volatile than BitTrex Bitcoin and 58% 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, BitTrex Bitcoin is expected to generate 3.47 times more return on investment than the market. However, the company is 3.47 times more volatile than its market benchmark. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

BitTrex Bitcoin Market Risk Analysis

Sharpe Ratio = 0.7071
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BitTrex Bitcoin Relative Performance Indicators

Estimated Market Risk
 3.16
  actual daily
 
 28 %
of total potential
 
2828
Expected Return
 2.23
  actual daily
 
 42 %
of total potential
 
4242
Risk-Adjusted Return
 0.71
  actual daily
 
 48 %
of total potential
 
4848
Based on monthly moving average BitTrex Bitcoin is performing at about 48% 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 BitTrex Bitcoin by adding it to a well-diversified portfolio.

BitTrex Bitcoin Alerts

Equity Alerts and Improvement Suggestions

BitTrex Bitcoin USD is not yet fully synchronised with the market data
BitTrex Bitcoin USD appears to be very risky and stock price may revert if volatility continues
Check also Trending Equities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
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