BitNine Co (Korea) Buy Hold or Sell Recommendation
| 357880 Stock | 2,645 30.00 1.15% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding BitNine Co is 'Strong Sell'. Macroaxis provides BitNine Co buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 357880 positions.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. In addition, we conduct extensive research on individual companies such as BitNine and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards BitNine Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
BitNine |
Execute BitNine Co Buy or Sell Advice
The BitNine recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BitNine Co. Macroaxis does not own or have any residual interests in BitNine Co or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BitNine Co's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
BitNine Co Trading Alerts and Improvement Suggestions
| BitNine Co is way too risky over 90 days horizon | |
| BitNine Co appears to be risky and price may revert if volatility continues |
BitNine Co Returns Distribution Density
The distribution of BitNine Co's historical returns is an attempt to chart the uncertainty of BitNine Co's future price movements. The chart of the probability distribution of BitNine Co daily returns describes the distribution of returns around its average expected value. We use BitNine Co price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BitNine Co returns is essential to provide solid investment advice for BitNine Co.
| Mean Return | 1.12 | Value At Risk | -10.98 | Potential Upside | 29.83 | Standard Deviation | 10.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BitNine Co 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.
BitNine Co 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 BitNine Co or BitNine 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 BitNine Co'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 BitNine 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 Jones | 1.12 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 10.99 | |
Ir | Information ratio | 0.10 |
BitNine Co Volatility Alert
BitNine Co is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BitNine Co's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BitNine Co'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 financial instruments as prices fall.BitNine Co Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as BitNine . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 68921.92 | |||
| Daily Balance Of Power | 0.1935 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 2667.5 | |||
| Day Typical Price | 2660.0 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (7.50) | |||
| Period Momentum Indicator | 30.0 |
Use Investing Ideas to Build Portfolios
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 constituents at this time.
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