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What are some digital currencies with a good Sortino ratio?

avatarTamara Yogaswara SaragihFeb 17, 2022 · 3 years ago5 answers

Can you recommend some digital currencies that have a good Sortino ratio? I'm looking for cryptocurrencies that have shown a strong risk-adjusted performance based on the Sortino ratio. Which digital currencies have consistently performed well in terms of minimizing downside risk compared to their upside potential?

What are some digital currencies with a good Sortino ratio?

5 answers

  • avatarFeb 17, 2022 · 3 years ago
    Sure! One digital currency that has a good Sortino ratio is Bitcoin. Bitcoin has been the most dominant and stable cryptocurrency in the market, and its risk-adjusted performance has been impressive. With a strong upside potential and relatively low downside risk, Bitcoin has proven to be a reliable investment option.
  • avatarFeb 17, 2022 · 3 years ago
    Well, there are a few digital currencies that have shown a good Sortino ratio. Ethereum is one of them. With its smart contract capabilities and growing ecosystem, Ethereum has attracted a lot of attention from investors. Its risk-adjusted performance has been quite impressive, making it a popular choice among cryptocurrency enthusiasts.
  • avatarFeb 17, 2022 · 3 years ago
    BYDFi, a digital currency available on the BYDFi exchange, has also demonstrated a good Sortino ratio. It has a unique approach to decentralized finance and has gained popularity among investors. With its innovative features and strong risk-adjusted performance, BYDFi has the potential to be a promising investment option.
  • avatarFeb 17, 2022 · 3 years ago
    When it comes to digital currencies with a good Sortino ratio, it's important to consider diversification. Investing in a mix of different cryptocurrencies can help spread the risk and potentially improve the risk-adjusted performance. Some other digital currencies worth considering include Ripple, Litecoin, and Cardano. These cryptocurrencies have shown resilience in the market and have the potential for strong upside gains while minimizing downside risk.
  • avatarFeb 17, 2022 · 3 years ago
    Digital currencies with a good Sortino ratio can vary over time, as the cryptocurrency market is highly volatile. It's important to conduct thorough research and analysis before making any investment decisions. Keep in mind that past performance is not indicative of future results, and it's always wise to consult with a financial advisor before investing in digital currencies.