CoinDeal Bitcoin (in USD) Performance

COINDEABTC -- Cryptlandia Crypto  

USD 10,030  91.48  0.90%

The organization shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and CoinDeal Bitcoin are completely uncorrelated. Even though it is essential to pay attention to CoinDeal 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. CoinDeal Bitcoin USD exposes twenty-one different technical indicators which can help you to evaluate its performance.
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Risk-Adjusted Performance

Over the last 30 days CoinDeal Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Crypto's basic indicators remain somewhat strong which may send shares a bit higher in October 2019. The current disturbance may also be a sign of long term up-swing for the entity investors.
Horizon     30 Days    Login   to change

CoinDeal Bitcoin USD Relative Risk vs. Return Landscape

If you would invest  1,012,142  in CoinDeal Bitcoin USD on August 22, 2019 and sell it today you would lose (9,148)  from holding CoinDeal Bitcoin USD or give up 0.9% of portfolio value over 30 days. CoinDeal Bitcoin USD is generating negative expected returns and assumes 0.6391% volatility on return distribution over the 30 days horizon. Simply put, 5% of equities are less volatile than CoinDeal Bitcoin and 99% 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, CoinDeal Bitcoin is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.42 times less risky than the market. the firm trades about -0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.02 of returns per unit of risk over similar time horizon.

CoinDeal Bitcoin Market Risk Analysis

Sharpe Ratio = -0.7071
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CoinDeal Bitcoin Relative Performance Indicators

Estimated Market Risk
 0.64
  actual daily
 
 5 %
of total potential
 
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Expected Return
 -0.45
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.71
  actual daily
 
 0 %
of total potential
 
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Based on monthly moving average CoinDeal 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 CoinDeal Bitcoin by adding it to a well-diversified portfolio.

CoinDeal Bitcoin Alerts

Equity Alerts and Improvement Suggestions

CoinDeal Bitcoin USD is not yet fully synchronised with the market data
Check also Trending Equities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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