Litecoin Buy Hold or Sell Recommendation

LTC
 Crypto
  

USD 75.76  3.64  4.58%   

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

Execute Litecoin Buy or Sell Advice

Sell LitecoinBuy Litecoin
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 Litecoin has a Mean Deviation of 3.79, Semi Deviation of 4.78, Standard Deviation of 5.55, Variance of 30.85, Downside Variance of 29.35 and Semi Variance of 22.84
Macroaxis provides unbiased advice on Litecoin that should be used to complement current analysts and expert consensus on Litecoin. Our investment recommendation engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon.

Litecoin Trading Alerts and Improvement Suggestions

Litecoin is way too risky over 90 days horizon
Litecoin appears to be risky and price may revert if volatility continues

Litecoin Returns Distribution Density

The distribution of Litecoin's historical returns is an attempt to chart the uncertainty of Litecoin's future price movements. The chart of the probability distribution of Litecoin daily returns describes the distribution of returns around its average expected value. We use Litecoin price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Litecoin returns is essential to provide solid investment advice for Litecoin cryptocurrency.
Mean Return0.64Value At Risk-9.49
Potential Upside10.46Standard Deviation5.55
   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 Litecoin 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.

Litecoin 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 Litecoin 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 Litecoin'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 Litecoin 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
0.66
β
Beta against NYSE Composite-0.4
σ
Overall volatility
5.59
Ir
Information ratio 0.10

Litecoin Volatility Alert

Litecoin exhibits above-average semi-deviation for your current time horizon. We encourage cryptocurrency investors to investigate Litecoin individually to make sure intended market timing strategies and available technical indicators are consistent with their estimates about Litecoin projected systematic risk. 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 Litecoin. 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 Litecoin 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 Litecoin'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 Litecoin'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 Litecoin Buy or Sell Advice

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

Conservative
Conservative Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative 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 Conservative Theme or any other thematic opportunities.
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Additionally, see Litecoin Technical Analysis You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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.
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