Development of the BTC-ECHO model portfolio Conservative KW49
As explained at the beginning of November, we would like to track the progress of our sample conservative portfolio from the cryptocompass weekly. We compare the performance of this portfolio with that of Bitcoin, Ethereum, XRP, and a benchmark portfolio composed of the top 10 weightings proportional to market capitalization.
Conservative means that the portfolio is relatively low risk. It is therefore formed from older cryptocurrencies such as Bitcoin or Ethereum. In addition, a stable coin or cash position is established. Without going into too much detail, the Conservative portfolio consists of the following positions (ranked from the strongest to the weakest): Tether, another stable coin or Fiat position, Omnilayer Protocol, Counterparty, Ethereum, Bitcoin, Dash, Siacoin , Monero and Ripple.
The stop mentioned last week has proven to be a trap. After the brief recovery, prices continued their sell-off, leading to losses of more than 40 percent between 6 November and 6 December.
Ethereum was particularly hard hit, having lost 61% of the course this month. Even the $ 100 was not the limit for what was once the second largest cryptocurrency.
Sample portfolio Conservative: Still better investment than comparison assets
Of course, our sample portfolio had to bleed too. The drawdown, however, was "only" 30 percent, so the portfolio conservative has outperformed the top 3 and a comparison portfolio out of the top 10:
Ultimately, this is reflected in the key figures:
Our sample portfolio is significantly better than the benchmark in terms of each measure: the return, as well as the risk or value at risk, of the conservative portfolio is better than that of the top 3 crypto currencies and the top 10 matched comparison portfolios. Even XRP is far behind the portfolio Conservative, although its performance in recent weeks was significantly better than that of Bitcoin or Ethereum.
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