The entity maintains market beta of 0.0 which attests that the returns on MARKET and coinfield Bitcoin are completely uncorrelated. Although it is extremely important to respect coinfield Bitcoin USD historical price patterns, it is better to be realistic regarding the information on equity current price history. The philosophy towards determining future performance of any crypto is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining coinfield Bitcoin USD technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.
Over the last 30 days coinfield Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, coinfield Bitcoin is not utilizing all of its potentials. The prevalent stock price tumult, may contribute to shorter-term losses for the shareholders.
|Horizon||30 Days Login to change|
coinfield Bitcoin USD Relative Risk vs. Return LandscapeIf you would invest 1,031,535 in coinfield Bitcoin USD on August 16, 2019 and sell it today you would earn a total of 0.00 from holding coinfield Bitcoin USD or generate 0.0% return on investment over 30 days. coinfield Bitcoin USD is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than coinfield Bitcoin and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
coinfield Bitcoin Market Risk Analysis
Sharpe Ratio = 0.0