How can I use calculating alpha to improve my cryptocurrency investment returns?

1 answers

• MrPiggy105Jul 30, 2023 · 2 years ago
  Definitely! Calculating alpha can help you evaluate the performance of your cryptocurrency investments and potentially improve your returns. Alpha measures the excess return of an investment compared to a benchmark, taking into account the risk involved. By calculating alpha, you can identify investments that have consistently outperformed the market and adjust your portfolio accordingly. However, it's important to note that calculating alpha requires accurate historical data and a solid understanding of statistical analysis. It's recommended to use professional tools or consult with a financial advisor to accurately calculate alpha for your cryptocurrency investments.
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