Bittensor Buy Hold or Sell Recommendation
| TAO Crypto | USD 378.20 0.99 0.26% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Bittensor is 'Cautious Hold'. Macroaxis provides Bittensor buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TAO positions.
Check out Bittensor 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.
Bittensor |
Execute Bittensor Buy or Sell Advice
The Bittensor recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bittensor. Macroaxis does not own or have any residual interests in Bittensor or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bittensor's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Unreasonably risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Risk of Devaluation | Low | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details |
Bittensor Trading Alerts and Improvement Suggestions
| Bittensor generated a negative expected return over the last 90 days | |
| Bittensor has high historical volatility and very poor performance | |
| Latest headline from news.google.com: 1 Top Cryptocurrency to Buy Before It Soars 12,500, According to Michael Saylor - The Motley Fool |
Bittensor Returns Distribution Density
The distribution of Bittensor's historical returns is an attempt to chart the uncertainty of Bittensor's future price movements. The chart of the probability distribution of Bittensor daily returns describes the distribution of returns around its average expected value. We use Bittensor price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bittensor returns is essential to provide solid investment advice for Bittensor cryptocurrency.
| Mean Return | -0.2 | Value At Risk | -10.73 | Potential Upside | 11.08 | Standard Deviation | 7.15 |
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 Bittensor 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.
Bittensor 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 Bittensor 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 Bittensor'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 Bittensor 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 | -0.22 | |
β | Beta against Dow Jones | -2.45 | |
σ | Overall volatility | 7.21 | |
Ir | Information ratio | -0.03 |
Bittensor Volatility Alert
Bittensor is displaying above-average volatility over the selected time horizon. Investors should scrutinize Bittensor independently to ensure intended cryptocurrency market timing strategies are aligned with expectations about Bittensor volatility. 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 Bittensor. 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 Bittensor 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 Bittensor'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 Bittensor'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.Bittensor Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bittensor . 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 | 1392.88 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 377.83 | |||
| Day Typical Price | 377.95 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.99) | |||
| Relative Strength Index | 47.26 |
About Bittensor Buy or Sell Advice
When is the right time to buy or sell Bittensor? Buying financial instruments such as Bittensor 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 Bittensor 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 Hotels Thematic Idea Now
Hotels
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 46 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 Hotels Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Bittensor Technical Analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.