Here’s the Risk Adjusted Return (Information Ratio) for most top 300 coins by market cap.

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Google Sheets: Full Year | Half Year

Data files (for checking my math, or if you wanna do your own stuff with it): Year | Half

Most recent day on file: 2021-10-28.

The Information Ratio is a way to put returns of an asset in perspective of its risk, this is compared with a benchmark. The benchmark I used is CCI30, a crypto index with top 30 coins weighted based on marketcap.

Removing wrapped, stable coins, and things newer than 6 month old. That leaves 247 items. ICP failed to make the list. Raw data comes from the coingecko API.

There are two IR tables, one with half year, and one with a full year. Since quite a few coins/tokens are younger than a year old, eg. REEF.

SHIB had 12 missing days in 2020. This affects the Full Year entry. Filling in the missing data with previous day’s gives an improbable 5606 IR with 184 volatility. This result has been omitted as an error.

Agix also had missing days but wasn’t removed because it performed slightly worse than benchmark.

Bigger number IR is better, bigger volatility is more volatile. Benchmark is 0 (technically 0/0).

Edit: Btw, Link (LN) is not Chainlink (LINK).

Edit 2: The google sheets show stuff outside of the top 15, in case you wanna search your fav alt.

Full Year Top 15

Symbol Name CoinGecko Rank Information Ratio Volatility (Tracking Error) GALA Gala 144 18.745 19.983 FTM Fantom 27 12.328 13.137 SOL Solana 6 10.675 10.835 LUNA Terra 12 10.363 12.016 MATIC Polygon 16 9.368 11.972 TEL Telcoin 111 7.379 13.230 OMI ECOMI 91 6.380 28.939 ONE Harmony 55 5.587 12.483 XYO XYO Network 223 5.524 16.900 BAKE BakerySwap 214 5.403 19.164 XDB DigitalBits 192 4.552 11.405 DOGE Dogecoin 10 4.016 21.692 RGT Rari Governance Token 185 3.824 17.255 CAKE PancakeSwap 46 3.575 11.078

Half Year Top 15

Symbol Name CoinGecko Rank Information Ratio Volatility (Tracking Error) SAMO Samoyedcoin 182 115.680 25.156 SHIB Shiba Inu 9 76.778 38.812 ILV Illuvium 157 16.195 11.187 AXS Axie Infinity 24 9.217 14.136 TLOS Telos 265 5.563 19.552 XDB DigitalBits 192 4.081 12.790 QNT Quant 50 4.009 10.960 PLEX PLEX 180 3.503 6.053 KDA Kadena 112 2.649 11.394 ICE Popsicle Finance 222 2.524 15.275 FTM Fantom 27 2.168 12.762 ANY Anyswap 276 2.130 16.306 XYO XYO Network 223 1.538 14.054 SOL Solana 6 1.405 11.188

Thoughts

Four things are in the top 15 of both list: SOL, FTM, XYO, XDB.

BTC ranges from -0.117 to 0.051. (Better in half year)

ETH ranges from 0.147 to 0.625. (Better in full year).

DOGE is at rank 13 in full year, 139 in half year.

The most volatile thingy is Prometheus (PROM), in both lists.

Bitcoin Cash ABC made top 20 of half year at 0.703.

submitted by /u/callunquirka
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