Bradcrypt
@bradcrypt
🤔 Jurjen Timmer: Is gold passing the baton to Bitcoin? Gold and Bitcoin are negatively correlated to each other. You can see from the Sharpe ratio how they are alternately coming out ahead. By the looks of it, it may now be Bitcoin's turn to take the lead: its Sharpe ratio is -0.40, while Gold has a Sharpe ratio of 1.33. Jurjen Timmer is director of global macroeconomic analysis at Fidelity Investments.
0 reply
0 recast
0 reaction