The model portfolio Conservative KW7: XRP hardly any losses in the market

the After the price jump in the last week it went back to sideways. Ethereum could have a little longer is a positive development, but overall our model portfolio and all of the comparison, go to assets with small gains and losses out of the week.

Dr. Philipp Giese
17. February 2019BTC$3.609,43 -0.63%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.

"From the cancer response in the cancer corridor" could you take this week: After the Pump at the end of last week, the rates return to calm. Within the last week have changed the courses of the Top 3, as well as that of the comparison portfolio is only a few percent. Ethereum could benefit from further positive development at the beginning of the week and won by two percent. In contrast, Bitcoin and the out of the Top 10 existing comparison portfolio will have lost the same amount. A little more XRP had to bleed, its course over the last seven days to four per cent lost.

This of course is also reflected on the month-end closing: Since the 16th century. January have lost Bitcoin, Ethereum, and the comparison portfolio about two percent. A little harder you hit it XRP with a monthly loss of about eight percent. In spite of XRP you can say: Both in the Upward and in the downward direction of the crypto market.

Read also: crypto - and traditional markets KW49 – Bitcoin: correlation to the DAX

pattern portfolio is Conservative: thanks to the Pump without the losses on last month

another bit of the model portfolio was able to complete better: The losses since the 16th century. January resulted in a Drawdown of just under seven percent, but currently the value of the model portfolios is the same as a month ago. Also in the last week, you can channel back to T. S. Eliot:

...and the end of our Scouting will be at the starting point

to arrive... A look at the key figures, lets hope that this sideways phase is actually a floor: Up to XRP each other considered Asset-can have a positive Performance, risk and Value-at-Risk is the same for all the considered sizes fantastic. The Drawdown is the maximum loss of between seven and 16 per cent, moderate:

It is noticeable that the Portfolio has a Conservative lost in terms of Performance its supremacy. Ethereum can boast an almost four-fold as a good result, while the comparison portfolio, and Bitcoin can approximately have the same Performance as our sample portfolio.

long-Term development: XRP and model portfolio will continue to fight for first place

If we look at the relative development since the beginning of the model portfolios, we see that XRP still has something of the air: The incredible Pump in September of last year, is still in the lead, XRP, and our pattern portfolio to argue for the first place with regard to price losses. Both have since 1. August, about 35 percent lost. However, this is compared with the losses of Bitcoin, the out of the Top 10 existing comparison portfolio and, in particular, Ethereum is still low:

Read also: Coincheck: license in sight, despite the security fiasco?

as for other metrics inherent in our model portfolio continues to be in the first place. While all of the other Assets had to cope with Drawdowns of between 51 and 81 percent, are in the Portfolio of a Conservative "only" 43 percent. Likewise, it is the only Asset whose Value-at-Risk, even at a confidence level of 99 per cent is still single-digit. The VaR99 of -7% means that based on the price developments since August, the daily losses are up to 99 percent of a maximum of seven percent. In all other cases, the Assets, the maximum rate loss of 99 percent of more than ten percent.

In the last few months, the Portfolio was confirmed to be Conservative as a comparatively safe Asset in a bear market. The market should be walking now sideways, or even a Bounce there, would be tested as a result, the upside potential of our model portfolios and the value of the Rebalancings.

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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