The New York Digital Investment Group (NYDIG) highlighted Bitcoin’s strong performance, identifying it as the best-performing asset despite its volatility.
NYDIG: Bitcoin’s Comeback Is Differentiating It From Other Assets
Greg Cipolaro, NYDIG’s Global Head of Research, argued that Bitcoin’s returns are dwarfing other asset classes, contradicting recent claims in the Goldman Sachs report.
Cipolaro’s analysis highlighted Bitcoin’s Sharpe ratio, a key financial metric that measures an asset’s risk-adjusted return. The higher the Sharpe ratio, the better its performance relative to its risk.
Cipolaro compared Bitcoin’s performance to traditional asset classes like stocks and bonds, using various holding periods and providing data on monthly total returns. His findings show that Bitcoin consistently delivers outstanding results.
“We construct cyclical Sharpe ratios using monthly total returns and present the most recent reading (with a minimum 12-month period) along with the mean, median, minimum and maximum values,” Cipolaro said in the report.
NYDIG’s analysis showed that Bitcoin has outperformed most other asset classes across multiple time frames and metrics, underscoring its unique position in the market.
Cipolaro concluded that Bitcoin’s recovery and performance, even when adjusted for volatility, has been exceptional and stands out from traditional financial assets.
This view from NYDIG strengthens the argument that Bitcoin’s returns remain attractive to investors despite market volatility and aligns with the growing narrative of Bitcoin as a resilient, high-performing asset across both short- and long-term investment strategies.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/new-york-digital-investment-group-nydig-names-bitcoin-as-best-performing-investment-vehicle-here-are-the-details/