The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Cexio Bitcoin are completely uncorrelated. Although it is essential to pay attention to Cexio 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 fundamental and technical indicators. To evaluate if Cexio Bitcoin USD expected return of 1.6423 will be sustainable into the future, we have found twenty 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 Cexio Bitcoin USD are ranked lower than 22 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, Cexio Bitcoin sustained solid returns over the last few months and may actually be approaching a breakup point.
|Horizon||30 Days Login to change|
Cexio Bitcoin USD Relative Risk vs. Return LandscapeIf you would invest 551,980 in Cexio Bitcoin USD on May 25, 2019 and sell it today you would earn a total of 525,000 from holding Cexio Bitcoin USD or generate 95.11% return on investment over 30 days. Cexio Bitcoin USD is generating 1.6423% of daily returns and assumes 4.9271% volatility on return distribution over the 30 days horizon. Simply put, 44% of equities are less volatile than Cexio Bitcoin and 69% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Cexio Bitcoin Market Risk Analysis
Sharpe Ratio = 0.3333
Cexio Bitcoin Relative Performance Indicators
Estimated Market Risk