Bitcoin Buy Hold or Sell Recommendation

BTC
 Crypto
  

USD 24,412  22.07  0.09%   

Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Bitcoin is 'Cautious Hold'. Macroaxis provides Bitcoin buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Bitcoin positions. The advice algorithm takes into account all of Bitcoin's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Bitcoin's buy-and-hold perspective. Continue to Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.

Execute Bitcoin Buy or Sell Advice

The Bitcoin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bitcoin. Macroaxis does not own or have any residual interests in Bitcoin or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bitcoin's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell BitcoinBuy Bitcoin
Cautious Hold

Volatility

Very riskyDetails

Hype Condition

Under hypedDetails

Current Valuation

OvervaluedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Bitcoin has a Mean Deviation of 3.18, Standard Deviation of 4.87 and Variance of 23.73
Macroaxis provides advice on Bitcoin to complement and cross-verify current analyst consensus on Bitcoin. Our investment recommendation engine determines the crypto's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon.

Bitcoin Trading Alerts and Improvement Suggestions

Bitcoin Returns Distribution Density

The distribution of Bitcoin's historical returns is an attempt to chart the future uncertainty of Bitcoin's future price movements. The chart of the probability distribution of Bitcoin stock daily returns describes the distribution of returns around its average expected value. We use Bitcoin price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bitcoin returns is essential to provide solid investment advice for Bitcoin stock.
Mean Return-0.19Value At Risk-7.23
Potential Upside8.01Standard Deviation4.87
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bitcoin historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Bitcoin Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bitcoin or Blockchain sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bitcoin stock's price will be affected by overall stock 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 Bitcoin stock'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 DOW
-0.23
β
Beta against DOW0.42
σ
Overall volatility
4.87
Ir
Information ratio -0.06

Bitcoin Volatility Alert

Bitcoin exhibits very low volatility with skewness of -1.25 and kurtosis of 5.73. However, we advise investors to further study Bitcoin technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bitcoin's crypto coin risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bitcoin's crypto coin price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Bitcoin Implied Volatility

Bitcoin's implied volatility" href="/stock-options/BTC.CC/Bitcoin">Bitcoin's implied volatility exposes the market's sentiment of Bitcoin stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bitcoin's implied volatility" href="/stock-options/BTC.CC/Bitcoin">Bitcoin's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bitcoin stock will not fluctuate a lot when Bitcoin's options" href="/stock-options/BTC.CC/Bitcoin">Bitcoin's options are near their expiration.

About Bitcoin Buy or Sell Advice

When is the right time to buy or sell Bitcoin? Buying financial instruments such as Bitcoin Crypto Coin isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock 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. Although Bitcoin investors may find it confusing at the beginning, 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 Bitcoin 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 Construction Thematic Idea Now

Construction
Construction Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Continue to Bitcoin Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Bitcoin information on this page should be used as a complementary analysis to other Bitcoin'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Tools for Bitcoin Crypto Coin

When running Bitcoin price analysis, check to measure Bitcoin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bitcoin is operating at the current time. Most of Bitcoin's value examination focuses on studying past and present price action to predict the probability of Bitcoin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bitcoin's price. Additionally, you may evaluate how the addition of Bitcoin to your portfolios can decrease your overall portfolio volatility.
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