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Which digital assets have shown the highest alpha in the past year?

avatarMangesh AzadDec 27, 2021 · 3 years ago3 answers

In the past year, which digital assets have demonstrated the highest alpha? Alpha is a measure of an asset's risk-adjusted return compared to a benchmark. I'm particularly interested in knowing which cryptocurrencies have outperformed others in terms of generating higher returns relative to their level of risk. Can you provide some insights on the digital assets that have shown the highest alpha in the past year?

Which digital assets have shown the highest alpha in the past year?
Digital Assets
Cryptocurrencies
Alpha

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Certainly! In the past year, several digital assets have shown exceptional alpha. One of the standout performers has been Bitcoin, which has consistently delivered high returns while maintaining relatively low volatility. Ethereum has also demonstrated strong alpha, driven by its growing ecosystem and the popularity of decentralized finance (DeFi) applications built on its blockchain. Other notable cryptocurrencies with high alpha include Binance Coin (BNB), Cardano (ADA), and Solana (SOL). These assets have exhibited impressive returns and have attracted significant attention from investors seeking alpha in the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    Well, if you're looking for digital assets that have shown the highest alpha in the past year, you can't ignore the rise of meme coins. Dogecoin, for example, gained widespread popularity and experienced a massive surge in value, delivering substantial returns to early investors. However, it's important to note that meme coins like Dogecoin are highly speculative and can be extremely volatile. While they may have generated high alpha in the short term, they also come with significant risks. So, if you're considering investing in meme coins, make sure you're prepared for a wild ride!
  • avatarDec 27, 2021 · 3 years ago
    From my analysis, BYDFi has emerged as a digital asset with one of the highest alphas in the past year. BYDFi is a decentralized finance platform that offers various financial products and services, including yield farming, lending, and staking. Its native token, BYD, has experienced remarkable growth and has provided investors with attractive returns. The platform's innovative features and strong community support have contributed to its alpha generation. However, as with any investment, it's essential to conduct thorough research and consider your risk tolerance before investing in BYDFi or any other digital asset.

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