The organization shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and EXRATES Bitcoin are completely uncorrelated. Although it is essential to pay attention to EXRATES Bitcoin USD historical returns, it is also good to be reasonable about what you can actually do with 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 EXRATES Bitcoin USD expected return of 1.6942 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 EXRATES Bitcoin USD are ranked lower than 48 (%) of all global equities and portfolios over the last 30 days. In defiance of relatively weak forward-looking signals, EXRATES Bitcoin reported solid returns over the last few months and may actually be approaching a breakup point.
|Horizon||30 Days Login to change|
EXRATES Bitcoin USD Relative Risk vs. Return LandscapeIf you would invest 992,429 in EXRATES Bitcoin USD on August 20, 2019 and sell it today you would earn a total of 33,627 from holding EXRATES Bitcoin USD or generate 3.39% return on investment over 30 days. EXRATES Bitcoin USD is generating 1.6942% of daily returns and assumes 2.396% volatility on return distribution over the 30 days horizon. Simply put, 21% of equities are less volatile than EXRATES Bitcoin and 68% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
EXRATES Bitcoin Market Risk Analysis
Sharpe Ratio = 0.7071
EXRATES Bitcoin Relative Performance Indicators
Estimated Market Risk