BKBT Buy Hold or Sell Recommendation

BKBT
 Crypto
  

 0.000003  0.000001  25.00%   

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

Execute BKBT Buy or Sell Advice

Sell BKBTBuy BKBT
Strong Sell

Volatility

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Hype Condition

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Current Valuation

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Odds of Distress

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Economic Sensitivity

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For the selected time horizon BKBT has a Mean Deviation of 6.29, Standard Deviation of 12.25 and Variance of 149.97
We provide trade recommendation to complement the latest expert consensus on BKBT. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the crypto's potential to grow using all technical and fundamental data available right now.

BKBT Trading Alerts and Improvement Suggestions

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

BKBT Returns Distribution Density

The distribution of BKBT's historical returns is an attempt to chart the uncertainty of BKBT's future price movements. The chart of the probability distribution of BKBT daily returns describes the distribution of returns around its average expected value. We use BKBT price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BKBT returns is essential to provide solid investment advice for BKBT cryptocurrency.
Mean Return-1.58Value At Risk-25
Potential Upside10.53Standard Deviation12.25
   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 BKBT 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.

BKBT 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 BKBT 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 BKBT'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 BKBT 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
-1.61
β
Beta against NYSE Composite0.25
σ
Overall volatility
12.44
Ir
Information ratio -0.14

BKBT Volatility Alert

BKBT is displaying above-average volatility over the selected time horizon. Investors should scrutinize BKBT independently to ensure intended cryptocurrency market timing strategies are aligned with expectations about BKBT volatility. BKBT appears to be a penny crypto. Although BKBT may be, in fact, a solid short-term or long term investment, many penny crypto coins are speculative digital assets that are often subject to artificial coin promotions and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in BKBT crypto or similar risky assets. We encourage cryptocurrency investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage crypto traders to check the biographies and work history of the founders of the accociated project, carefully read the white papers and consensus ducoments before investing in high-volatility coins. You can indeed make money on BKBT 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 BKBT'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 BKBT'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 BKBT Buy or Sell Advice

When is the right time to buy or sell BKBT? Buying financial instruments such as BKBT 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 BKBT 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 Hotels Thematic Idea Now

Hotels
Hotels Theme
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 40 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 Hotels Theme or any other thematic opportunities.
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Continue to BKBT Technical Analysis Note that the BKBT information on this page should be used as a complementary analysis to other BKBT'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Tools for BKBT Crypto Coin

When running BKBT price analysis, check to measure BKBT's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy BKBT is operating at the current time. Most of BKBT's value examination focuses on studying past and present price actions to predict the probability of BKBT's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move BKBT's coin price. Additionally, you may evaluate how adding BKBT to your portfolios can decrease your overall portfolio volatility.
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