the model portfolio Conservative remains stable: Even if XRP performed this week, clearly better able to present the Portfolio at least significantly lower losses than the Top 10, Bitcoin and Ethereum.
Dr. Philipp Giese
On the 25. November 2018 share Facebook Twitter LinkedIn xing mail
As the beginning of November, explained, we want to track the performance of our model portfolios is “Conservative” from the crypto-compass in a week. We compare the development of this portfolio with the help of Bitcoin, Ethereum, XRP, and a comparison portfolio, which is composed of the Top 10 with the respective market capitalization-proportional weights.
means, Conservatively, that the Portfolio is relatively low risk. It is currencies of older Crypto like Bitcoin or Ethereum formed. In addition, a Stable-Coin – or Cash-Position. Without going into too much Detail, the Portfolio is Conservative for the following positions (from the strongest to the weakest Position): optionally, Tether, another Stable Coin or Cash Position, Omnilayer Protocol, Counterparty, Ethereum, Bitcoin, Dash, Siacoin, Monero and Ripple.
The sell-off we are experiencing since mid-November, could crypto ignore-Affine. After a weeks – to months-long sideways trend of the Bitcoin broke-rates – and with it the entire crypto-market.
Also, XRP is affected: Although Ripples Cryptocurrency was able to defy the sell-off reasonably, is of maximum Drawdown since 8. November 22 percent. Bitcoin and the Top 10 are a maximum of like 34 or 37 percent, while in the case of Ethereum, the Drawdown dramatic 43 percent.
model portfolio Conservative: Negative, Yes, but überperformend
And our pattern portfolio? The Drawdown of our model portfolios is similar to the XRP, so we are talking about 22 percent. The covers, since it was in between, no upward movement, with the development of since 8. November:
The figures confirm the impression:
rate of return in % risk in % Value-at-Risk, p=95% Value-at-Risk, p=99 percent Portfolio Conservative -1.49 3.08 -7.25 -9.96 Top 10 -2.63 4.79 -11.63 -15.47 Bitcoin -2.36 4.62 -11.2 -15.18 Ethereum -3.21 5.8 -13.97 -18.24 XRP -1.43 4.46 -9.15 -11.22
Our model portfolio can be measured in terms of their performance with XRP, which is the only reasonably well-performance comparison asset. The fluctuations, however, are low. You can do the same for the value-at-risk (Value at Risk) say: in this week, the model portfolio would be Conservative been a safer investment than XRP – not to mention all of the other comparison assets.
