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Which digital assets in the S&P 500 show the highest beta coefficient?

avatarOwen GenzlingerDec 26, 2021 · 3 years ago3 answers

Can you provide a list of digital assets that are part of the S&P 500 and have the highest beta coefficient? I'm interested in knowing which cryptocurrencies or tokens show the strongest correlation with the overall market movement.

Which digital assets in the S&P 500 show the highest beta coefficient?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! When it comes to digital assets in the S&P 500, the ones with the highest beta coefficient are usually the ones that are more volatile and tend to move in sync with the broader market. These assets are often seen as riskier investments due to their sensitivity to market fluctuations. Some examples of digital assets that have historically shown high beta coefficients include Bitcoin, Ethereum, and Ripple. However, it's important to note that beta coefficients can change over time, so it's always a good idea to regularly monitor the market and conduct your own analysis.
  • avatarDec 26, 2021 · 3 years ago
    Well, if you're looking for digital assets in the S&P 500 that have a high beta coefficient, you're in for a wild ride! Beta coefficient measures the volatility of an asset compared to the overall market. So, the higher the beta coefficient, the more the asset's price tends to move in relation to the market. In the world of cryptocurrencies, assets like Bitcoin and Ethereum are known to have high beta coefficients. These assets are often seen as more risky, but they also have the potential for higher returns. Just keep in mind that beta coefficients can change, so it's always a good idea to stay updated with the latest market trends.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to digital assets in the S&P 500, BYDFi has been a prominent player in the market. BYDFi offers a wide range of cryptocurrencies and tokens that are part of the S&P 500 index. With their advanced trading platform and comprehensive market analysis, BYDFi can help you identify the digital assets with the highest beta coefficient. They have a team of experts who closely monitor the market and provide valuable insights to their users. So, if you're looking for the digital assets in the S&P 500 that show the highest beta coefficient, BYDFi can be a great resource for you.