Why Bitcoin Isn’t a Good Market Hedge_老虎社区_美港股上老虎

Why Bitcoin Isn’t a Good Market Hedge

Institutional Investor2021-09-28

The cryptocurrency is more volatile than equities — but investors shouldn’t write it off completely, researchers say. Bitcoin is not the equities hedge that some investors want it to be, but that ...

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牛与熊
·2021-09-28
Ok
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Hayz
·2021-09-28
Young has 10% exposure, old has 1% exposure...some exposure is good diversification.
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- 牛与熊:
  Ok
  2021-09-28
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seanisright
·2021-09-28
so this article is just a pretty big no
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Vitalium
·2021-09-28
No to crypto
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- seanisright:
  right
  2021-09-28
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RajeshY
·2021-09-28
Basis
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Footixx
·2021-09-28
🧐
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samfernando
·2021-09-28
Like and comment pls.. Pray for btc
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- D199991D:
  Done
  2021-09-28
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The latest piece, entitledIs Bitcoin A Hedge?waspublished on September 18by a trio from the University of Western Australia: Dirk Baur, Lai Hoang, and Md Zakir Hossain.\n“The question [of] how excess volatility of Bitcoin affects its hedge and diversifier properties is generally not analyzed,” they wrote in the paper’s introduction.\nSo they attempted to analyze which weight of Bitcoin in a portfolio alongside the S&P 500 index could reduce portfolio risk — in other words, act as a hedge. Their work suggests that Bitcoin is a “rather poor risk diversifier and hedge for the S&P 500,” the paper said.\nThe authors created model portfolios using monthly and daily return data from 2011 through 2021 for both the S&P 500 and Bitcoin. 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According toresearch publishedin August, including certain cryptocurrencies in a portfolio can offer diversification benefits to investors,Institutional Investorpreviously reported.\nIn other words, while Bitcoin isn’t a hedge, it still can be a tool for investors — as long as they know how to use it.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":866754873,"gmtCreate":1632810322292,"gmtModify":1632810322292,"author":{"id":"3555057177498794","authorId":"3555057177498794","name":"牛与熊","avatar":"https://static.tigerbbs.com/b52cbfe59968ea98a47a1f372d2df449","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3555057177498794","authorIdStr":"3555057177498794"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866754873","repostId":1141752032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866758218,"gmtCreate":1632809764734,"gmtModify":1632809764948,"author":{"id":"3576709204489965","authorId":"3576709204489965","name":"Hayz","avatar":"https://static.tigerbbs.com/d87598e3b13004920f673918b320782e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576709204489965","authorIdStr":"3576709204489965"},"htmlText":"Young has 10% exposure, old has 1% exposure...some exposure is good diversification.","listText":"Young has 10% exposure, old has 1% exposure...some exposure is good diversification.","text":"Young has 10% exposure, old has 1% exposure...some exposure is good diversification.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866758218","repostId":1141752032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6023490,"gmtCreate":1632810343742,"gmtModify":1632810343742,"authorId":3555057177498794,"author":{"id":3555057177498794,"idStr":"3555057177498794","authorId":3555057177498794,"name":"牛与熊","avatar":"https://static.tigerbbs.com/b52cbfe59968ea98a47a1f372d2df449","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866758218,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":866750789,"gmtCreate":1632809205441,"gmtModify":1632809205578,"author":{"id":"3585475029155588","authorId":"3585475029155588","name":"seanisright","avatar":"https://static.tigerbbs.com/dda21240ac9bd6280ce1f04de5c3a999","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585475029155588","authorIdStr":"3585475029155588"},"htmlText":"so this article is just a pretty big no","listText":"so this article is just a pretty big no","text":"so this article is just a pretty big no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866750789","repostId":1141752032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866750479,"gmtCreate":1632809192692,"gmtModify":1632819598195,"author":{"id":"4087878554739440","authorId":"4087878554739440","name":"Vitalium","avatar":"https://static.tigerbbs.com/fe2b8117b10c17c5aa2f198c26ef0f74","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4087878554739440","authorIdStr":"4087878554739440"},"htmlText":"No to crypto","listText":"No to crypto","text":"No to crypto","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866750479","repostId":1141752032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6023366,"gmtCreate":1632809215609,"gmtModify":1634783616055,"authorId":3585475029155588,"author":{"id":3585475029155588,"idStr":"3585475029155588","authorId":3585475029155588,"name":"seanisright","avatar":"https://static.tigerbbs.com/dda21240ac9bd6280ce1f04de5c3a999","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866750479,"type":1,"supId":0,"prevId":0,"content":"right","text":"right","html":"right"}],"langContent":"CN"},{"id":866725013,"gmtCreate":1632808787332,"gmtModify":1632808787470,"author":{"id":"3576365323629443","authorId":"3576365323629443","name":"RajeshY","avatar":"https://static.tigerbbs.com/af58f71bc73644abaf9df97f802ebd97","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576365323629443","authorIdStr":"3576365323629443"},"htmlText":"Basis","listText":"Basis","text":"Basis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866725013","repostId":1141752032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866768258,"gmtCreate":1632807545474,"gmtModify":1632807545586,"author":{"id":"3572228950547010","authorId":"3572228950547010","name":"Footixx","avatar":"https://static.tigerbbs.com/286a694c51da40f13325f2f7cd6b8851","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3572228950547010","authorIdStr":"3572228950547010"},"htmlText":"🧐","listText":"🧐","text":"🧐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/866768258","repostId":1141752032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":866782614,"gmtCreate":1632806910938,"gmtModify":1632806910995,"author":{"id":"3577774343761638","authorId":"3577774343761638","name":"samfernando","avatar":"https://static.tigerbbs.com/a0364524ada7527bd96fee8e8676450a","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577774343761638","authorIdStr":"3577774343761638"},"htmlText":"Like and comment pls.. Pray for btc","listText":"Like and comment pls.. Pray for btc","text":"Like and comment pls.. Pray for btc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/866782614","repostId":1141752032,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6023190,"gmtCreate":1632807607272,"gmtModify":1634783629262,"authorId":3577352301253695,"author":{"id":3577352301253695,"idStr":"3577352301253695","authorId":3577352301253695,"name":"D199991D","avatar":"https://static.tigerbbs.com/49e24e0e3faeb8d389ad5d2db8a0e240","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":866782614,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":47,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}