Litecoin Analysis


USD 76.46  1.49  1.91%   

The current price rise of Litecoin may encourage investors to take a closer look at the crypto as it is trading at a share price of 76.46 on 14,661,193 in trading volume. The company directors and management may have good odds in positioning the crypto resources to exploit market volatility in January. The crypto standard deviation of daily returns for 90 days investing horizon is currently 5.37. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Litecoin partners.
Additionally, see Correlation Analysis.
The Litecoin crypto coin analysis report makes it easy to digest most publicly released information about Litecoin and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Litecoin Crypto Coin analysis module also helps to analyze the Litecoin price relationship with some important fundamental indicators such as market cap and management efficiency.

Litecoin Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more cryptos at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Litecoin's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Litecoin or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Litecoin is way too risky over 90 days horizon
Litecoin appears to be risky and price may revert if volatility continues

Litecoin Thematic Classifications

In addition to having Litecoin crypto coin in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
USD Crypto Fund
Cryptocurrency traded in US dollars

Technical Drivers

As of the 5th of December, Litecoin secures the Mean Deviation of 3.74, risk adjusted performance of 0.1443, and Downside Deviation of 5.34. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Litecoin, as well as the relationship between them. Strictly speaking, you can use this information to find out if the crypto will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Litecoin, which can be compared to its peers in the industry. Please verify Litecoin maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Litecoin is priced some-what accurately, providing market reflects its recent price of 76.46 per share.

Litecoin Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Weighted Moving Average calculates a weight for each value in Litecoin price series with the more recent values given greater weights.

Litecoin Technical and Predictive Indicators

Litecoin Forecast Models

Litecoin time-series forecasting models is one of many Litecoin's crypto coin analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Litecoin's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Litecoin Crypto Coin Analysis

Crypto Coin analysis is the technique used by a trader or investor to examine and evaluate how Litecoin prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Litecoin shares will generate the highest return on investment. We also built our crypto analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Crypto such as Litecoin. By using and applying Litecoin Crypto Coin analysis, traders can create a robust methodology for identifying Litecoin entry and exit points for their positions.
Litecoin is peer-to-peer digital currency powered by the Blockchain technology.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our crypto coin analysis tools, you can find out how much better you can do when adding Litecoin to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run ETF Directory Now


ETF Directory

Find actively traded Exchange Traded Funds (ETF) from around the world
All  Next Launch Module
Additionally, see Correlation Analysis. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Tools for Litecoin Crypto Coin

When running Litecoin price analysis, check to measure Litecoin's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Litecoin is operating at the current time. Most of Litecoin's value examination focuses on studying past and present price actions to predict the probability of Litecoin's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Litecoin's coin price. Additionally, you may evaluate how adding Litecoin to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals