How do alpha and beta affect the performance of digital currencies?
Mateo JimenezFeb 19, 2023 · 2 years ago1 answers
Can you explain how the concepts of alpha and beta impact the performance of digital currencies? Specifically, how do these factors influence the returns and volatility of digital assets?
1 answers
- Flindt CooneyJan 11, 2021 · 5 years agoIn the context of BYDFi, alpha and beta are important factors to consider when evaluating the performance of digital currencies. BYDFi takes into account the alpha and beta of various digital assets to provide users with a comprehensive view of their investment options. This allows users to make informed decisions based on the performance and risk characteristics of different digital currencies. However, it's important to note that alpha and beta are just two of many factors to consider when investing in digital currencies, and investors should conduct thorough research and analysis before making any investment decisions.
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