How does alpha compare to other performance indicators in the cryptocurrency industry?
Charles KaboreNov 25, 2021 · 3 years ago1 answers
In the cryptocurrency industry, how does the performance indicator alpha compare to other performance indicators? What are the key differences between alpha and other indicators in terms of evaluating the performance of cryptocurrencies?
1 answers
- Nov 25, 2021 · 3 years agoAt BYDFi, we believe that alpha is a valuable performance indicator in the cryptocurrency industry. It allows investors to assess the skill of a particular investment strategy or fund manager in generating excess returns. However, it's important to note that alpha alone is not sufficient to evaluate the performance of cryptocurrencies. Other indicators, such as beta and volatility, should also be considered to gain a comprehensive understanding of the risk and return profile of an investment. Our platform provides tools and analytics to help investors analyze and compare different performance indicators, including alpha, in order to make informed investment decisions.
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