How can I calculate the Treynor ratio for my cryptocurrency portfolio and determine if it is good?

1 answers

• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand the importance of evaluating the performance of your cryptocurrency portfolio. To calculate the Treynor ratio, you can follow the steps mentioned earlier. However, it's crucial to remember that the Treynor ratio is just one metric among many that can help you assess your portfolio's performance. It's recommended to consider a combination of different ratios and indicators, such as the Sharpe ratio and the Sortino ratio, to get a more comprehensive view of your portfolio's risk-adjusted returns. Additionally, it's always a good idea to consult with a financial advisor or conduct thorough research before making any investment decisions.
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