|CEXIOBTC -- Cryptlandia Crypto|| |
USD 3,684 20.90 0.56%
The organization shows Beta (market volatility) of -0.075 which signifies that as returns on market increase, returns on owning Cexio Bitcoin are expected to decrease at a much smaller rate. During bear market, Cexio Bitcoin is likely to outperform the market. Even though it is essential to pay attention to Cexio Bitcoin USD
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
. Cexio Bitcoin USD exposes twenty-one different technical indicators which can help you to evaluate its performance.
Cexio Bitcoin USD Relative Risk vs. Return Landscape
If you would invest 410,680
in Cexio Bitcoin USD on January 18, 2019
and sell it today you would lose (40,220)
from holding Cexio Bitcoin USD or give up 9.79%
of portfolio value over 30
days. Cexio Bitcoin USD is generating negative expected returns and assumes 2.4329% volatility on return distribution over the 30 days horizon. Simply put, 22% of equities are less volatile than Cexio Bitcoin and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Cexio Bitcoin is expected to under-perform the market. In addition to that, the company is 1.28 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.15 per unit of volatility.
Cexio Bitcoin Market Risk Analysis
Sharpe Ratio = -0.0887
Cexio Bitcoin Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Cexio Bitcoin 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 Cexio Bitcoin
by adding it to a well-diversified
Over the last 30 days Cexio Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions.
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