OKCoin Bitcoin (in USD) Performance

OKCOINBTC -- Cryptlandia Crypto  

USD 10,295  433.25  4.39%

The crypto owns Beta (Systematic Risk) of 0.0 which implies the returns on MARKET and OKCoin Bitcoin are completely uncorrelated. Although it is essential to pay attention to OKCoin Bitcoin USD existing price patterns, it is also good to be reasonable about what you can actually do with equity price patterns. Macroaxis philosophy towards forecasting future performance of any crypto is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if OKCoin Bitcoin expected return of 2.1967 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.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in OKCoin Bitcoin USD are ranked lower than 48 (%) of all global equities and portfolios over the last 30 days. Despite somewhat fragile basic indicators, OKCoin Bitcoin sustained solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

OKCoin Bitcoin USD Relative Risk vs. Return Landscape

If you would invest  986,151  in OKCoin Bitcoin USD on August 20, 2019 and sell it today you would earn a total of  43,325  from holding OKCoin Bitcoin USD or generate 4.39% return on investment over 30 days. OKCoin Bitcoin USD is generating 2.1967% of daily returns and assumes 3.1065% volatility on return distribution over the 30 days horizon. Simply put, 27% of equities are less volatile than OKCoin Bitcoin and 59% 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, OKCoin Bitcoin is expected to generate 3.42 times more return on investment than the market. However, the company is 3.42 times more volatile than its market benchmark. It trades about 0.71 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

OKCoin Bitcoin Market Risk Analysis

Sharpe Ratio = 0.7071
Good Returns
Average ReturnsOKCOINBTC
Small Returns
Negative Returns

OKCoin Bitcoin Relative Performance Indicators

Estimated Market Risk
  actual daily
 27 %
of total potential
Expected Return
  actual daily
 41 %
of total potential
Risk-Adjusted Return
  actual daily
 48 %
of total potential
Based on monthly moving average OKCoin Bitcoin is performing at about 48% 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 OKCoin Bitcoin by adding it to a well-diversified portfolio.

OKCoin Bitcoin Alerts

Equity Alerts and Improvement Suggestions

OKCoin Bitcoin USD is not yet fully synchronised with the market data
OKCoin Bitcoin USD appears to be very risky and stock price may revert if volatility continues
Additionally take a look at Your Equity Center. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Search macroaxis.com