WisdomTree Bitcoin (Netherlands) Buy Hold or Sell Recommendation
| BTCW Etf | 25.39 354.76 93.32% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding WisdomTree Bitcoin is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell WisdomTree Bitcoin given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for WisdomTree Bitcoin, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Note, we conduct extensive research on individual funds such as WisdomTree and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards WisdomTree Bitcoin. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
WisdomTree |
Execute WisdomTree Bitcoin Buy or Sell Advice
The WisdomTree recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on WisdomTree Bitcoin. Macroaxis does not own or have any residual interests in WisdomTree Bitcoin or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute WisdomTree Bitcoin's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details |
WisdomTree Bitcoin Trading Alerts and Improvement Suggestions
| WisdomTree Bitcoin is way too risky over 90 days horizon | |
| WisdomTree Bitcoin appears to be risky and price may revert if volatility continues |
WisdomTree Bitcoin Returns Distribution Density
The distribution of WisdomTree Bitcoin's historical returns is an attempt to chart the uncertainty of WisdomTree Bitcoin's future price movements. The chart of the probability distribution of WisdomTree Bitcoin daily returns describes the distribution of returns around its average expected value. We use WisdomTree Bitcoin price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of WisdomTree Bitcoin returns is essential to provide solid investment advice for WisdomTree Bitcoin.
| Mean Return | 103.03 | Value At Risk | -45.46 | Potential Upside | 73.47 | Standard Deviation | 2,539 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of WisdomTree 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.
WisdomTree 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 WisdomTree Bitcoin or WisdomTree 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 WisdomTree Bitcoin's price will be affected by overall etf 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 WisdomTree etf'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 | 106.35 | |
β | Beta against Dow Jones | -73.47 | |
σ | Overall volatility | 216.82 | |
Ir | Information ratio | 0.19 |
WisdomTree Bitcoin Volatility Alert
WisdomTree Bitcoin 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 WisdomTree Bitcoin's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact WisdomTree Bitcoin's etf 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.WisdomTree Bitcoin Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as WisdomTree . 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 | 0.011 | |||
| Daily Balance Of Power | (1,267) | |||
| Rate Of Daily Change | 0.0668 | |||
| Day Median Price | 25.3 | |||
| Day Typical Price | 25.33 | |||
| Market Facilitation Index | 0.28 | |||
| Price Action Indicator | (177.29) | |||
| Period Momentum Indicator | (354.76) |
Use Investing Ideas to Build Portfolios
In addition to having WisdomTree 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?
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Corporate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 221 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 Corporate ETFs Theme or any other thematic opportunities.
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