Bitcoin Statistic Functions Beta
BTC Crypto | USD 69,354 119.40 0.17% |
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Bitcoin correlated with the market. If Beta is less than 0 Bitcoin generally moves in the opposite direction as compared to the market. If Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bitcoin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bitcoin is generally in the same direction as the market. If Beta > 1 Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.
Bitcoin Technical Analysis Modules
Most technical analysis of Bitcoin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Bitcoin from various momentum indicators to cycle indicators. When you analyze Bitcoin charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Bitcoin Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bitcoin. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bitcoin based on widely used predictive technical indicators. In general, we focus on analyzing Bitcoin Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bitcoin's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Bitcoin's intrinsic value. In addition to deriving basic predictive indicators for Bitcoin, we also check how macroeconomic factors affect Bitcoin price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Some cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bitcoin in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Warren Buffett Holdings Invested few shares | ||
Investor Favorites Invested over 300 shares | ||
Rubber and Plastic Products Invested few shares | ||
FinTech Invested over 70 shares | ||
Macroaxis Index Invested over 400 shares | ||
Chemicals Invested over 30 shares | ||
Business Services Invested few shares | ||
Pharmaceutical Products Invested over 200 shares | ||
Disruptive Technologies Invested few shares | ||
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitcoin. 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. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.