LocalBitcoins Bitcoin (in USD) Performance

LOCALBIBTC -- Cryptlandia Crypto  

USD 10,300  515.44  4.77%

The crypto secures Beta (Market Risk) of -1.0266 which conveys that Although it is vital to follow to LocalBitcoins Bitcoin USD price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any crypto is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-one technical indicators for LocalBitcoins Bitcoin which you can use to evaluate performance of the organization.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in LocalBitcoins Bitcoin USD are ranked lower than 3 (%) of all global equities and portfolios over the last 30 days. Despite nearly weak fundamental indicators, LocalBitcoins Bitcoin layed out solid returns over the last few months and may actually be approaching a breakup point.
Horizon     30 Days    Login   to change

LocalBitcoins Bitcoin USD Relative Risk vs. Return Landscape

If you would invest  1,277,988  in LocalBitcoins Bitcoin USD on July 24, 2019 and sell it today you would lose (247,988)  from holding LocalBitcoins Bitcoin USD or give up 19.4% of portfolio value over 30 days. LocalBitcoins Bitcoin USD is generating 0.9129% of daily returns and assumes 17.1775% volatility on return distribution over the 30 days horizon. Simply put, majority of traded equity instruments are less risky than LocalBitcoins Bitcoin on the bases of their historical return distribution and most equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, LocalBitcoins Bitcoin is expected to generate 18.69 times more return on investment than the market. However, the company is 18.69 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

LocalBitcoins Bitcoin Market Risk Analysis

Sharpe Ratio = 0.0531
Good Returns
Average Returns
Negative Returns

LocalBitcoins Bitcoin Relative Performance Indicators

Estimated Market Risk
  actual daily
 96 %
of total potential
Expected Return
  actual daily
 17 %
of total potential
Risk-Adjusted Return
  actual daily
 3 %
of total potential
Based on monthly moving average LocalBitcoins Bitcoin is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of LocalBitcoins Bitcoin by adding it to a well-diversified portfolio.

LocalBitcoins Bitcoin Alerts

Equity Alerts and Improvement Suggestions

LocalBitcoins Bitcoin appears to be very risky and stock price may revert if volatility continues
Please see also Stocks Correlation. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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