1.

Record Nr.

UNINA9910795675803321

Autore

Rosenbach Philipp

Titolo

Crypto currencies and traditional investment portfolios : an empirical study on the effects of adding crypto currencies to traditional investment portfolios / / Philipp Rosenbach

Pubbl/distr/stampa

Hamburg : , : Diplomica Verlag, , [2021]

©2021

ISBN

9783961463596

9783961468591

Edizione

[1st ed.]

Descrizione fisica

1 online resource (79 pages)

Disciplina

332.4

Soggetti

Cryptocurrencies

Portfolio management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Crypto Currencies and Traditional Investment Portfolios. An Empirical Study on the Effects of Adding Crypto Currencies to Traditional Investment Portfolios -- Abstract -- Table of Contents -- Table of Abbreviations -- 1. Introduction -- 1.1 Relevance and Motivation -- 1.2 Research Question -- 1.3 Methodical Approach -- 2. Theoretical Foundation -- 2.1 Asset Allocation and Investment Models -- 2.1.1 Asset Allocation and Asset Allocation Models -- 2.1.2 Norway Model (50/50 and 80/20) -- 2.1.3 Balanced Portfolio Model -- 2.1.4 Endowment Fund Model -- 2.1.5 Pension Fund Model -- 2.1.6 Family Office Model -- 2.2 Relevant KPIs of Investment Portfolios -- 2.2.1 KPI I: Overall Return -- 2.2.2 KPI II: Sharpe Ratio -- 2.2.3 KPI III: Alpha and Beta Factor -- 2.2.4 KPI IV: Volatility -- 2.3 Crypto Currencies and Blockchain Technology -- 2.3.1 Blockchain Technology -- 2.3.2 Development of Bitcoin -- 2.3.3 Market Overview -- 2.3.4 Bitcoin as an Asset Class -- 3. Methods of Investigation -- 3.1 Quantitative Approach -- 3.1.1 Data Sources -- 3.1.2 Data Preparation -- 3.1.3 Index Selection Process -- 3.1.4. Allocation Scenarios -- 4. Results and Implications -- 4.1 Impact on the Overall Return -- 4.2 Impact on the Sharpe Ratio -- 4.3 Impact on the Alpha and Beta Factor -- 4.4 Impact on the Volatility -- 5. Implications -- 5.1 Implications of Crypto



Currencies as an Asset Class -- 5.2 Implications of Arising Potential through Crypto Currencies -- 6. Conclusion -- 6.1 Summary of the Research Results -- 6.2 Scientific Implications -- 6.3 Practical Implications -- 6.4 Limitations -- References -- Figures -- Appendix.