The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and DSX Bitcoin are completely uncorrelated. Although it is vital to follow to DSX Bitcoin USD historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. Macroaxis approach towards predicting 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 DSX Bitcoin USD expected return of 1.3259 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.
Compared to the overall equity markets, risk-adjusted returns on investments in DSX Bitcoin USD are ranked lower than 48 (%) of all global equities and portfolios over the last 30 days. Despite somewhat fragile basic indicators, DSX Bitcoin sustained solid returns over the last few months and may actually be approaching a breakup point.
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DSX Bitcoin USD Relative Risk vs. Return LandscapeIf you would invest 993,581 in DSX Bitcoin USD on August 20, 2019 and sell it today you would earn a total of 26,347 from holding DSX Bitcoin USD or generate 2.65% return on investment over 30 days. DSX Bitcoin USD is generating 1.3259% of daily returns and assumes 1.875% volatility on return distribution over the 30 days horizon. Simply put, 16% of equities are less volatile than DSX Bitcoin and 75% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
DSX Bitcoin Market Risk Analysis
Sharpe Ratio = 0.7071
DSX Bitcoin Relative Performance Indicators
Estimated Market Risk