|EXMOBTC -- Cryptlandia Crypto|| |
USD 3,675 43.58 1.17%
The organization shows Beta (market volatility) of -0.0703 which denotes to the fact that as returns on market increase, returns on owning Exmo Bitcoin are expected to decrease at a much smaller rate. During bear market, Exmo Bitcoin is likely to outperform the market. Even though it is essential to pay attention to Exmo Bitcoin USD
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting 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
. Exmo Bitcoin USD exposes twenty-one different technical indicators which can help you to evaluate its performance.
Exmo Bitcoin USD Relative Risk vs. Return Landscape
If you would invest 418,476
in Exmo Bitcoin USD on January 18, 2019
and sell it today you would lose (46,576)
from holding Exmo Bitcoin USD or give up 11.13%
of portfolio value over 30
days. Exmo Bitcoin USD is generating negative expected returns and assumes 2.766% volatility on return distribution over the 30 days horizon. Simply put, 25% of equities are less volatile than Exmo 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, Exmo Bitcoin is expected to under-perform the market. In addition to that, the company is 1.46 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.
Exmo Bitcoin Market Risk Analysis
Sharpe Ratio = -0.0879
Exmo Bitcoin Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Exmo 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 Exmo Bitcoin
by adding it to a well-diversified
Over the last 30 days Exmo Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions.