Bitcoin Or Nvidia, Which Offers A Better Risk-Adjusted Return?
Portfolio Pulse from Aniket Verma
The article compares the risk-adjusted returns of Bitcoin and Nvidia. Bitcoin has risen 43% year-to-date but has a negative Sharpe ratio, indicating lower risk-adjusted returns. Nvidia, on the other hand, has surged 166% with a Sharpe ratio of 2.29, suggesting better risk-adjusted performance.
August 22, 2024 | 11:45 am
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Nvidia has shown a strong year-to-date performance with a 166% increase and a Sharpe ratio of 2.29, indicating better risk-adjusted returns compared to Bitcoin.
Nvidia's strong performance and positive Sharpe ratio indicate a better risk-adjusted return compared to Bitcoin, making it an attractive investment option.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100