QBTC-U Stock Buy Hold or Sell Recommendation

QBTC-U
  

USD 21.19  0.23  1.07%   

Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding THE BITCOIN FUND is 'Not Rated'. Macroaxis provides THE BITCOIN buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding QBTC-U positions. The advice algorithm takes into account all of THE BITCOIN's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from THE BITCOIN's buy-and-hold perspective. Please see THE 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. We conduct extensive research on individual companies such as QBTC-U and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards THE BITCOIN FUND.

Execute THE BITCOIN Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell THE BITCOINBuy THE BITCOIN
Strong Sell

Volatility

Out of controlDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon THE BITCOIN FUND has a Mean Deviation of 3.03, Standard Deviation of 4.38 and Variance of 19.17
Our trade recommendation module complements current analysts and expert consensus on THE BITCOIN FUND. It analyzes the company potential to grow using all fundamental, technical, and market related data available now.

THE BITCOIN Trading Alerts and Improvement Suggestions

THE BITCOIN FUND generated a negative expected return over the last 90 days
THE BITCOIN FUND has high historical volatility and very poor performance

THE BITCOIN Returns Distribution Density

The distribution of THE BITCOIN's historical returns is an attempt to chart the future uncertainty of THE BITCOIN's future price movements. The chart of the probability distribution of THE BITCOIN stock daily returns describes the distribution of returns around its average expected value. We use THE BITCOIN FUND price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of THE BITCOIN returns is essential to provide solid investment advice for THE BITCOIN stock.
Mean Return-1.1Value At Risk-7.43
Potential Upside4.83Standard Deviation4.38
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of THE 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.

THE 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 THE BITCOIN or THE BITCOIN FUND 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 THE 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 QBTC-U 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
-1.05
β
Beta against DOW0.42
σ
Overall volatility
4.34
Ir
Information ratio -0.22

THE BITCOIN Volatility Alert

THE BITCOIN FUND exhibits very low volatility with skewness of -1.42 and kurtosis of 4.54. However, we advise investors to further study THE BITCOIN FUND 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 THE BITCOIN's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact THE BITCOIN's stock 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.

THE BITCOIN Implied Volatility

THE BITCOIN's implied volatility exposes the market's sentiment of THE BITCOIN FUND stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if THE 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 THE BITCOIN stock will not fluctuate a lot when THE BITCOIN's options are near their expiration.

About THE BITCOIN Buy or Sell Advice

When is the right time to buy or sell THE BITCOIN FUND? Buying financial instruments such as QBTC-U Stock 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 THE 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 THE 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 World Allocation Thematic Idea Now

World Allocation
World Allocation Theme
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation theme has 40 constituents.
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 World Allocation Theme or any other thematic opportunities.
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Please see THE 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 THE BITCOIN FUND information on this page should be used as a complementary analysis to other THE 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Please note, there is a significant difference between THE BITCOIN's value and its price as these two are different measures arrived at by different means. Investors typically determine THE BITCOIN value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THE BITCOIN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.