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How do alpha and beta affect the performance of digital currencies?

avatarShubha Gita KDec 28, 2021 · 3 years ago1 answers

Can you explain how the concepts of alpha and beta impact the performance of digital currencies? Specifically, how do these factors influence the returns and volatility of digital assets?

How do alpha and beta affect the performance of digital currencies?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    In the context of BYDFi, alpha and beta are important factors to consider when evaluating the performance of digital currencies. BYDFi takes into account the alpha and beta of various digital assets to provide users with a comprehensive view of their investment options. This allows users to make informed decisions based on the performance and risk characteristics of different digital currencies. However, it's important to note that alpha and beta are just two of many factors to consider when investing in digital currencies, and investors should conduct thorough research and analysis before making any investment decisions.