Which digital currencies have shown a good Sortino ratio in recent months?
princess aliDec 27, 2021 · 3 years ago3 answers
In the past few months, which digital currencies have demonstrated a favorable Sortino ratio? I am interested in knowing which cryptocurrencies have performed well in terms of risk-adjusted returns. Can you provide some insights on this?
3 answers
- Dec 27, 2021 · 3 years agoBased on recent data, several digital currencies have shown a good Sortino ratio. Bitcoin, Ethereum, and Cardano are among the top performers. These cryptocurrencies have demonstrated a strong risk-adjusted return, indicating that they have provided good returns while minimizing downside risk. It's worth noting that the Sortino ratio takes into account the volatility of an asset and focuses on the downside risk, making it a useful metric for evaluating the performance of cryptocurrencies.
- Dec 27, 2021 · 3 years agoWhen it comes to digital currencies with a good Sortino ratio, it's important to consider the time frame. In recent months, some of the cryptocurrencies that have shown a favorable Sortino ratio include Bitcoin, Ethereum, and Binance Coin. These cryptocurrencies have managed to generate positive returns while keeping the downside risk relatively low. However, it's crucial to conduct thorough research and analysis before making any investment decisions.
- Dec 27, 2021 · 3 years agoAccording to data from BYDFi, a digital currency exchange, Bitcoin, Ethereum, and Litecoin have demonstrated a good Sortino ratio in recent months. These cryptocurrencies have delivered solid risk-adjusted returns, indicating that they have performed well in terms of managing downside risk. It's important to note that the Sortino ratio is just one of many factors to consider when evaluating the performance of digital currencies. Investors should also take into account other metrics and conduct their own research before making any investment decisions.
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