Optimized data analysis on the correlation of $MSTR, $COIN, $HOOD with Bitcoin returns by colleagues, using the highest/lowest points within a month to calculate the rise/fall, addressing errors caused by differences in time dimensions (e.g., MSTR seems to have a smaller decline than BTC).
Key Findings:
- MSTR: The decline is less than BTC, with a better risk-return ratio, but the advantage weakens as market volatility decreases, and leverage risk needs attention.
- COIN: Follows BTC and regulatory changes, can outperform BTC when rising, but has a larger decline, with a less stable risk-return ratio compared to MSTR.
- HOOD: Initially weak crypto correlation, diversified profits; later, due to the presidential election meme craze and surge in crypto trading, Q4 profits doubled, and stock price soared.
Risk-Return Ratio Assessment:
- MSTR: Currently the best, with low decline and high return potential, but leverage risk needs caution.
- COIN: Suitable for rising cycles, high volatility, slightly less stability.
- HOOD: Strong short-term performance, long-term relies on diversified profits.
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