Binance Coin Buy Hold or Sell Recommendation

BNB Crypto  USD 644.00  0.85  0.13%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Binance Coin is 'Cautious Hold'. Macroaxis provides Binance Coin buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BNB positions.
  
Check out Binance Coin Technical Analysis.
Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute Binance Coin Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Binance CoinBuy Binance Coin
Cautious Hold

Market Performance

OKDetails

Volatility

RiskyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Risk of Devaluation

AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails
For the selected time horizon Binance Coin has a Mean Deviation of 1.83, Semi Deviation of 2.32, Standard Deviation of 2.43, Variance of 5.92, Downside Variance of 6.17 and Semi Variance of 5.39
Macroaxis provides advice on Binance Coin to complement and cross-verify current analyst consensus on Binance Coin. 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. Be advised to confirm Binance Coin market capitalization to validate our buy or sell recommendation.

Binance Coin thematic classifications

USD Crypto Fund Idea
USD Crypto Fund
Cryptocurrency traded in US dollars

Binance Coin Returns Distribution Density

The distribution of Binance Coin's historical returns is an attempt to chart the uncertainty of Binance Coin's future price movements. The chart of the probability distribution of Binance Coin daily returns describes the distribution of returns around its average expected value. We use Binance Coin price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Binance Coin returns is essential to provide solid investment advice for Binance Coin cryptocurrency.
Mean Return
0.23
Value At Risk
-3.3
Potential Upside
4.06
Standard Deviation
2.43
   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 Binance Coin 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.

Binance Coin 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 Binance Coin 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 Binance Coin'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 Binance 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 Dow Jones
0.16
β
Beta against Dow Jones0.46
σ
Overall volatility
2.54
Ir
Information ratio 0.04

Binance Coin Volatility Alert

Binance Coin currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.16. However, we advise cryptocurrency investors to further question Binance Coin expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at 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 Binance Coin. 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 Binance 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 Binance Coin'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 Binance Coin'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.

Binance Coin Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Binance . 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.

About Binance Coin Buy or Sell Advice

When is the right time to buy or sell Binance Coin? Buying financial instruments such as Binance 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 Binance Coin 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.

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Run High Yield ETFs Thematic Idea Now

High Yield ETFs
High Yield ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 105 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 High Yield ETFs Theme or any other thematic opportunities.
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When determining whether Binance Coin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Binance Coin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Binance Coin Crypto.
Check out Binance Coin Technical Analysis.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Binance Coin's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine Binance Coin value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, Binance Coin's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.