All Statistics are written as of 1 Aug 2024 00:00:00 (UTC)

Cumulative Return Graphs

Untitled

The results from 31 May to 11 July 2023, represent the performance of proprietary asset management before being made available to users.
Past performance does not guarantee future results.

Strategy Statistics

<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/4541c3d0-8ce0-4826-83f3-4b0a0b5d258f/binance.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/4541c3d0-8ce0-4826-83f3-4b0a0b5d258f/binance.png" width="40px" /> Alpha Strategy - Binance

Cumulative Return: 0.70%
Monthly Return: -10.38%
Maximum Draw Down: 19.4%
Recent High: 19.36% (28 March 2024) </aside>

Market Statistics

Name	Value	MoM
BTC Price	64,628 USDT	+2.96%
BTC Dominance	55.96%	+2.10%
Crypto Total Cap	2.279 T USDT	+1.06%
Dollar Index	104.073	-1.68%
Gold Index	2,447.93	+5.24%

all the index data referred by coinmarketcap / tradingview

Quant Research Comments

Dear Investors,

The HEYBIT Alpha product incurred losses in early July due to a significant discrepancy between the direction predicted by the algorithm and the actual market direction.

Subsequently, as both macro factors and market volatility rose together, we implemented updates to further enhance our "market-neutral prediction model."

Market Insight

Throughout July, both the stock market and the crypto market oscillated without significant changes, but towards the end of the month, there was a tendency for increased volatility.
In the case of Bitcoin, there was a decline falling below 54,000 USDT by 5 July.