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$4.5 trillion Fidelity says Bitcoin’s risk-reward is ‘in a different universe'

Nov 05, 2023 · 1 min read · 292 points
$4.5 trillion Fidelity says Bitcoin’s risk-reward is ‘in a different universe'
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Fidelity’s Director Jurrien Timmer published a risk-reward analysis on different assets, including Bitcoin (BTC).

Highlights

  • Fidelity Investments is one of the largest asset managers in the world, with $4.5 trillion in assets under management.
  • Jurrien Timmer, Fidelity’s Director of Global Macro, published a risk-reward analysis on different assets, including Bitcoin (BTC), recently.
  • Bitcoin’s risk is set at around a 60% annualized return over a 69 standard deviation for the annualized volatility.
  • The second best-performing asset is the SPX on the stock market, with a return going from 16-26% and a risk between 18 to 24 standard deviations.
  • China has had the second-higher risk with an annualed volatility between 25 to 28 while accruing negative returns in the 3-year period

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