How can I calculate the bps for my cryptocurrency portfolio?

3 answers

• Nov 26, 2021 · 3 years ago
  To calculate the basis points (bps) for your cryptocurrency portfolio, you need to divide the percentage change in the value of your portfolio by 0.01. For example, if your portfolio value increased by 5%, the bps would be 500 (5 divided by 0.01). This calculation allows you to measure the relative performance of your portfolio compared to a benchmark or another portfolio.
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• Nov 26, 2021 · 3 years ago
  Calculating the bps for your cryptocurrency portfolio is quite simple. You just need to take the percentage change in the value of your portfolio and multiply it by 100. For example, if your portfolio value increased by 5%, the bps would be 500 (5 times 100). This metric is commonly used in finance to compare the performance of different investments.
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• Nov 26, 2021 · 3 years ago
  To calculate the bps for your cryptocurrency portfolio, you can use the following formula: bps = (portfolio value change / initial portfolio value) * 10,000. This formula allows you to express the basis points as a percentage. For example, if your portfolio value increased by 5%, the bps would be 500 (0.05 * 10,000). Keep in mind that bps is a useful metric for evaluating the performance of your portfolio over time.
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