primexbt Bitcoin (in USD) Performance

PRIMEXBBTC -- Cryptlandia Crypto  

USD 10,262  330.00  3.32%

The entity maintains market beta of 0.0 which attests that the returns on MARKET and primexbt Bitcoin are completely uncorrelated. Although it is vital to follow to primexbt Bitcoin USD historical price patterns, it is good to be conservative about what you can actually do with the information regarding 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. We have found twenty-one technical indicators for primexbt Bitcoin USD which you can use to evaluate performance of the crypto.

Risk-Adjusted Performance

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

primexbt Bitcoin USD Relative Risk vs. Return Landscape

If you would invest  993,200  in primexbt Bitcoin USD on August 20, 2019 and sell it today you would earn a total of  12,000  from holding primexbt Bitcoin USD or generate 1.21% return on investment over 30 days. primexbt Bitcoin USD is generating 0.6041% of daily returns and assumes 0.8543% volatility on return distribution over the 30 days horizon. Simply put, 7% of equities are less volatile than primexbt Bitcoin and 89% 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, primexbt Bitcoin is expected to generate 0.94 times more return on investment than the market. However, the company is 1.06 times less risky than the market. 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.

primexbt Bitcoin Market Risk Analysis

Sharpe Ratio = 0.7071
Good Returns
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Negative Returns

primexbt Bitcoin Relative Performance Indicators

Estimated Market Risk
  actual daily
 7 %
of total potential
Expected Return
  actual daily
 11 %
of total potential
Risk-Adjusted Return
  actual daily
 48 %
of total potential
Based on monthly moving average primexbt 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 primexbt Bitcoin by adding it to a well-diversified portfolio.

primexbt Bitcoin Alerts

Equity Alerts and Improvement Suggestions

primexbt Bitcoin USD is not yet fully synchronised with the market data
Additionally take a look at Your Equity Center. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.