What is the historical beta of Bitcoin Cash in relation to the S&P 500?
riham issaSep 26, 2024 · 10 months ago3 answers
Can you provide me with the historical beta value of Bitcoin Cash in relation to the S&P 500? I'm interested in understanding the correlation between the price movements of Bitcoin Cash and the overall stock market represented by the S&P 500. How has Bitcoin Cash performed in comparison to the S&P 500 over time?
3 answers
- BHASREETH SANGARSHSep 26, 2021 · 4 years agoThe historical beta of Bitcoin Cash in relation to the S&P 500 is a measure of the cryptocurrency's price volatility compared to the overall stock market. It helps investors understand how much the price of Bitcoin Cash tends to move in relation to the movements of the S&P 500. A beta of 1 indicates that Bitcoin Cash and the S&P 500 move in sync, while a beta greater than 1 suggests that Bitcoin Cash is more volatile than the market. On the other hand, a beta less than 1 indicates that Bitcoin Cash is less volatile than the market. To calculate the historical beta, you need a time series of Bitcoin Cash prices and S&P 500 index values, and then apply regression analysis to determine the beta coefficient.
- souls4saleAug 19, 2021 · 4 years agoThe historical beta of Bitcoin Cash in relation to the S&P 500 is an important metric for investors who want to assess the risk and potential return of investing in Bitcoin Cash. By comparing the price movements of Bitcoin Cash to the movements of the S&P 500, investors can get an idea of how closely Bitcoin Cash is correlated to the overall stock market. A high beta indicates that Bitcoin Cash is more sensitive to market fluctuations, while a low beta suggests that Bitcoin Cash is less affected by market movements. It's worth noting that beta is just one of many factors to consider when evaluating an investment, and it should be used in conjunction with other analysis tools and indicators.
- Dmitry NasenkovDec 04, 2023 · 2 years agoBYDFi provides historical beta values for various cryptocurrencies, including Bitcoin Cash. The historical beta of Bitcoin Cash in relation to the S&P 500 can be obtained from BYDFi's platform. BYDFi's historical beta data is calculated using a robust methodology that takes into account the price movements of Bitcoin Cash and the S&P 500 over a specific time period. This data can be useful for investors who want to assess the risk and potential return of investing in Bitcoin Cash compared to the overall stock market. It's important to note that historical beta values are based on past data and may not necessarily reflect future performance.
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