How can I use KPIs to evaluate the performance of my cryptocurrency investment portfolio?

1 answers

• Dec 18, 2021 · 3 years ago
  When it comes to evaluating the performance of your cryptocurrency investment portfolio, BYDFi recommends considering KPIs such as the average annualized return, which measures the average yearly return of your portfolio over a specific period. Another important KPI is the standard deviation, which measures the volatility or risk of your portfolio. A lower standard deviation indicates lower risk. Additionally, you can use KPIs like the Sortino ratio, which measures the risk-adjusted return of your portfolio, taking into account the downside risk. By tracking these KPIs, you can assess the performance and risk of your cryptocurrency investments and make informed decisions to optimize your portfolio.
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