10. February 2019BTC$terms 3,641,35 -0.26%part Facebook Twitter LinkedIn xing mail
every week, we Like to compare the progress of the model portfolio Conservative, well-known from the cryptographic compass compared to other assets: the rates of Bitcoin, XRP, and Ethereum, as well as one of the Top 10 existing comparison portfolio. When comparing the portfolio to the weighting of the individual positions is adapted to the relative market capitalization.
The downward trend of the past week was largely continued, but not with the barely existing intensity of the last week. Even the Asset with the largest losses, XRP, had to be 8. February to cope with a loss of four percent. All of the other Assets – Bitcoin, Ethereum and one of the Top 10 existing comparison portfolio in the same time losses of two percent.
At 7. February saw a massive price jumps in the entire crypto-market. This made the previously negative development of the week is more than good, so Bitcoin, Ethereum, and out of the Top 10 educated comparison, portfolio went with a Gain of five percent from the week. Ethereum was able to leave the week with a gain of almost eight percent.
The Ethereum, however, had sorely needed. Over the whole month is considered, the rate increases are very positive, however, can not conquer the in January lost territory back. Since the 9. January Ethereum had to give up a good 20 percent. The other Assets are since the 9. January with a "black Zero" is gone, however, amounted to losses of ten to 16 percent.Read also: Coincheck: license in sight, despite the security fiasco?
model portfolio Conservative: Together with Bitcoin and Ethereum, two percent is lost
The pattern of the portfolio from the weak market in January, as well as from the course jump at 8. February influenced. This leads to a rate loss of only eight percent since the 9. January:
a glance at the key figures shows that the Portfolio performs Conservative still better than all of the comparison assets. Both in terms of Performance as well as about the risk of the Value-at-Risk and the Drawdown of the Portfolio is Conservative to remain at the top:
Ethereum is formed with an average daily loss of 0.6 percent and a maximum Drawdown of about 30 percent continue to the tail light. Out of the Top 10 existing comparison portfolio and XRP are the performance metrics were quite similar. Bitcoin has finally, approximately a twice as good Performance as Ethereum, which is only topped by the model portfolio Conservative."Is this the bottom?" – Test the level from mid-December
Both in the model portfolio Conservative as well as in all comparison assets you see since August of 2018, a strong exchange rate losses. The rates have slumped by up to seventy percent. Our pattern portfolio and XRP have since 1. August to cope with a 40 percent drop in Price, what is the latest rate increase does not change much:
the thing that is striking about the current movement: The courses were close to the Minima of the middle of December. Of XRP apart, all of the other Assets to the annual minima of 2018. It was, therefore, tested an important Support. For the First courses of the crypto could currencies on this Support bounce. We hope that this development is not a flash in the pan.Read also: crypto - and traditional markets KW01 – Monthly return of Bitcoin on almost all Assets
one way or the other, the model portfolio has behaved in the stable: While all of the other Assets had to cope with Drawdowns of between 51 and 80 percent, the Portfolio is Conservative after all, "only" 43 percent. Even the comparison to XRP, its Performance benefited from the price increase at the beginning of September, it does not need to shy away from the Portfolio.
data on the Basis of cryptocompare.com and coingecko.com
The weightings of the Portfolio to be Conservative are created using the Capital asset Pricing Model. The application on the crypto-market is dedicated to the monthly Special from the crypto compass edition June 2018. As a single asset has a variety of well-known crypto to be taken into account currencies. Accordingly, among other things, Bitcoin, Ethereum, XRP, Monero and DASH are represented. In addition, a Position in Fiat or a Stable Coin like Tether is created.
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