João VitorDec 29, 2021 · 3 years ago7 answersWhat is the formula for calculating alpha in the context of digital currencies?
In the world of digital currencies, alpha is a measure of an investment's performance compared to a benchmark. It helps investors determine whether an investment has outperformed or underperformed the market. Alpha is calculated by subtracting the benchmark return from the actual return of the investment and is often used to assess the skill of fund managers or investment strategies. In the context of digital currencies, what is the formula for calculating alpha? How can it be applied to assess the performance of digital currency investments?
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