BCD Buy Hold or Sell Recommendation

BCD
 Crypto
  

USD 0.13  0.00  0.00%   

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding BCD is 'Strong Sell'. Macroaxis provides BCD buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BCD positions. The advice algorithm takes into account all of BCD's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from BCD's buy-and-hold perspective. Continue to

Execute BCD Buy or Sell Advice

Sell BCDBuy BCD
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details
For the selected time horizon BCD has a Mean Deviation of 2.97, Standard Deviation of 4.81 and Variance of 23.13
We provide trade advice to complement the prevailing expert consensus on BCD. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the crypto's potential to grow using all technical and fundamental data available at this time.

BCD Trading Alerts and Improvement Suggestions

BCD generated a negative expected return over the last 90 days
BCD has some characteristics of a very speculative cryptocurrency
BCD has high historical volatility and very poor performance

BCD Returns Distribution Density

The distribution of BCD's historical returns is an attempt to chart the uncertainty of BCD's future price movements. The chart of the probability distribution of BCD daily returns describes the distribution of returns around its average expected value. We use BCD price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BCD returns is essential to provide solid investment advice for BCD cryptocurrency.
Mean Return-0.46Value At Risk-7.14
Potential Upside6.25Standard Deviation4.81
   Return Density   
       Distribution  
Cryptocurrency investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BCD historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different crypto investement strategies.

BCD Greeks

Most traded cryptocurrencies are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or coin-specific or project-specific) risk. Unsystematic risk is the risk that events specific to BCD project will adversely affect the coin's price. This type of risk can be diversified away by owning several different digital assets on different exchanges whose coin prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BCD's price will be affected by overall cryptocurrency market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BCD crypto's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.46
β
Beta against NYSE Composite-0.06
σ
Overall volatility
4.81
Ir
Information ratio -0.11

BCD Volatility Alert

BCD exhibits very low volatility with skewness of -0.07 and kurtosis of 2.16. However, we advise cryptocurrency investors to further study BCD technical indicators to make sure all market info is available and is reliable. Please note that many cryptocurrencies are speculative and subject to artificial price hype. Ensure you understand the upside potential and downside risk of investing in BCD. We encourage all cryptocurrency investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before the public announcements. Please also check the biographies and work history of current and past project contributors before investing in high-volatility crypto coins. You can indeed make money on BCD if you perfectly time your entry and exit. However, remember that cryptos that have been the subject of artificial hype usually cannot maintain its increased price for more than a few days. The price of a promoted high-volatility instrument will almost always revert. The only way to increase coin holder value is through legitimate performance analysis backed up by solid fundamentals of the project the coin represents. Understanding different market volatility trends often help investors time the market. Properly using volatility indicators enable traders to measure BCD's crypto coin risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BCD's price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different cryptos as prices fall or investing in DeFi projects.

About BCD Buy or Sell Advice

When is the right time to buy or sell BCD? Buying financial instruments such as BCD Crypto Coin isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having BCD in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Blockchain Thematic Idea Now

Blockchain
Blockchain Theme
Companies across muliple sectors and different technology products and services that are engaged in some capacity with blockchain technolgoy or evolution of cryptocurrency. The Blockchain theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Blockchain Theme or any other thematic opportunities.
View All  Next Launch
Continue to BCD Technical Analysis Note that the BCD information on this page should be used as a complementary analysis to other BCD's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Tools for BCD Crypto Coin

When running BCD price analysis, check to measure BCD's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy BCD is operating at the current time. Most of BCD's value examination focuses on studying past and present price actions to predict the probability of BCD's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move BCD's coin price. Additionally, you may evaluate how adding BCD to your portfolios can decrease your overall portfolio volatility.
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go