Ever wondered what the cryptocurrency valuations mean?
– For now, it is difficult to quantify or qualify cryptocurrency data.
– The past 13 months of cryptocurrency movement have been considered to a better understanding of the cryptocurrency valuation.
– Six portfolios are available to better understand the valuation scheme of cryptocurrency.
Factor analysis is a very powerful tool to generally quantify the breakdown of the stock market. There are six factors involved and each of these factors are the responsible factor for a certain “value” in the digital market.
Experts can only attempt to fully understand and predict this volatile market. With the use of mathematics to create portfolios out of completely unrelated data, the prediction of cryptocurrency may just be starting to become possible.
Many experts have attempted to offer their insights regarding the digital market’s movement, but many of these contributions are with high doubts and nothing is foolproof and proven yet.
Aaron Brown’s full article can be read here – https://www.bloomberg.com/.