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

Cumulative Return Graphs

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: 0.33%
Monthly Return: -0.37%
Maximum Draw Down: 22.19%
Recent High: 19.36% (28 March 2024) </aside>

Market Statistics

Name	Value	MoM
BTC Price	58,974 USDT	-8.75%
BTC Dominance	57.40%	+2.57%
Crypto Total Cap	2.029 T USDT	-10.97%
Dollar Index	101.733	-2.25%
Gold Index	2,502.98	+2.25%

all the index data referred by coinmarketcap / tradingview

Quant Research Comments

To our investors,

The HEYBIT Alpha product ended the month of August maintaining an overall neutral performance. In more detail, during the major market fluctuations at the beginning of August, our risk assessment and model predictions worked effectively, allowing us to generate profits. However, as volatility decreased in the latter part of the month, losses were incurred.

Market Insight

In early August, both the stock and cryptocurrency markets experienced significant declines. The assets traded by our model recorded a drop of over 30% within a week. For Bitcoin, it fell from $65,000 at the end of July to below $50,000 by 5 August.