Top 100 crypto ranked by risk-adjusted returns sees Stellar at No.2

Stellar is one to watch in our latest risk-adjusted return analysis.

Risk-adjusted returns measure the amount of risk that has to be taken for a given return. Risk-adjusted is often measured with the Sharpe ratio, taking into account volatility when comparing risk and return.

This method is not very good for returns that deviate from a normal distribution.

The Sortino ratio is much better, especially for crypto – it isolates downside volatility from total volatility. Target return 0%, risk-free rate 2.4%. Data as at 26 August 2018.

Top coins making the grade include: Stellar at number two (0.11), Binance Coin at 4th place (0.10),  TRON in 5th (0.08). EOS, Verge, XRP, Monero, BCH, BTC, Lisk Dogecoin, Litecoin, DigiByte  and ZClassic are all also well placed for achieving positive return territory.

Buys: Stellar, Binance Coin and Kucoin

Crypto Sortino Ratio
1 FunFair 0.17
2 Stellar 0.11
3 Substratum 0.10
4 Binance Coin 0.10
5 TRON 0.08
6 KuCoin Shares 0.06
7 Bytom 0.06
8 Groestlcoin 0.06
9 MonaCoin 0.05
10 ICON 0.05
11 EOS 0.05
12 ZenCash 0.05
13 Verge 0.05
14 ZClassic 0.04
15 Monero 0.03
16 XRP 0.03
17 Bitcoin 0.03
18 Nuls 0.03
19 Bitcoin Cash 0.03
20 Santiment 0.02
21 Lisk 0.02
22 DigiByte 0.02
23 Vertcoin 0.02
24 Loopring 0.02
25 Dogecoin 0.02
Crypto Sortino Ratio
26 Litecoin 0.01
27 Waltonchain 0.01
28 Emercoin 0.01
29 SmartCash 0.01
30 Decred 0.01
31 ReddCoin 0.01
32 Namecoin 0.01
33 ZCoin 0.00
34 Golem 0.00
35 Cardano 0.00
36 0x 0.00
37 Tezos 0.00
38 Bytecoin 0.00
39 Maker 0.00
40 Ethereum Classic 0.00
41 Ethereum 0.00
42 Metaverse ETP 0.00
43 Basic Attention 0.00
44 Syscoin -0.01
45 Peercoin -0.01
46 Veritaseum -0.01
47 Civic -0.01
48 Augur -0.01
49 ChainLink -0.01
50 Komodo -0.01
Crypto Sortino Ratio
51 Ardor -0.01
52 Steem -0.02
53 Enigma -0.02
54 Ontology -0.02
55 Dai -0.02
56 Bancor -0.02
57 Aeternity -0.02
58 MCO -0.02
59 BitShares -0.02
60 Nxt -0.02
61 DigixDAO -0.02
62 Status -0.02
63 Zcash -0.02
64 Siacoin -0.02
65 Dash -0.02
66 PIVX -0.03
67 MaidSafeCoin -0.03
68 Hshare -0.03
69 Nexus -0.03
70 IOTA -0.03
71 Particl -0.03
72 VeChain -0.04
73 Populous -0.04
74 NEM -0.04
75 OmiseGO -0.04
Crypto Sortino Ratio
76 Waves -0.04
77 GXChain -0.04
78 Bitcoin Diamond -0.05
79 NEO -0.05
80 Zilliqa -0.05
81 Ark -0.05
82 Qtum -0.06
83 Gas -0.06
84 QASH -0.06
85 Storj -0.06
86 Factom -0.07
87 Gnosis -0.07
88 Iconomi -0.07
89 Stratis -0.07
90 Byteball Bytes -0.08
91 TenX -0.08
92 Bitcoin Gold -0.08
93 Kyber Network -0.09
94 CyberMiles -0.12
95 SALT -0.13
96 Electroneum -0.13
97 RChain -0.15
98 Nebulas -0.18
99 Nano -0.22
100 Dent -0.24

 

About the Author

Gary McFarlane
Gary has been writing about cryptocurrencies since 2013 and currently works as the cryptocurrency analyst at interactive investor, the UK's second-largest online investment platform. Gary contributes for Coin Intelligence News in a personal capacity and none of his commentary should be considered investment advice. Gary is the winner of the ADVFN International Financial Awards 2018 Cryptocurrency Writer of the Year. Contact Gary on twitter at: @gary_mcfarlane

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