SnowBall Adaptive Momentum

@Paradoxx

Assets Copying Strategy

N/A

No. of copiers

4

Strategy Performance
Show BTC comparison:
From
May 14, 2022
To
May 21, 2022
SnowBall Adaptive Momentum
Bitcoin
Returns
Overview
Avg. by month
Return (24h)
N/A
Return (7D)
N/A
Return (1M)
N/A
Return (1Y)
N/A
May 2021
-28.05%
Jun 2021
-11.19%
Jul 2021
-3.77%
Aug 2021
+41.22%
Sep 2021
+5.16%
Oct 2021
+16.05%
Nov 2021
+4.02%
Dec 2021
-19.19%
Jan 2022
-21.32%
Feb 2022
-6.02%
Mar 2022
+31.15%
Apr 2022
-27.88%
My Investment
Profit Taken
€0.00
0.00%
Profit/Loss
€0.00
0.00%
You Have:
€0.00
Strategy status
No rules
No rules
0 rules active
Rebalance done
Rebalance status
100%
Fees of this Strategy
(set by the Strategist)
Management Fee
Copy fee (Yearly)
1.00%
Entry Fee
Performance fee (Monthly )
10.00%
Exit costSell/Exit cost (per transaction)0.50%
Structure changes
Last structure change
May 13, 2022, 8:31:59 AM
Number of structure change in last 30 days
9
Performance
1D
7D
1M
3M
6M
1Y
All
Return
+0.16%
-4.40%
-33.07%
-28.48%
-56.07%
-34.89%
-56.96%
Volatility
N/A
+2.85%
+3.73%
+3.29%
+3.33%
+4.03%
+4.43%
Max. Drawdown
N/A
-8.55%
-34.29%
-44.85%
-59.89%
-59.89%
-59.89%
News Feed

Welcome to the SnowBall Adaptive Momentum Fund!

Fund is completely Quant-driven based on the following rules:
- Top 15 Coins chosen based on recent Momentum
- Optimization run to Minimize expected portfolio volatility (using 90-day covariance matrix)
- Max coin weight 15% / Min Weight 3%

For more information on the above portfolio strategy search online for"Adapative Asset Allocation"😎🚀

Latest rebalance largest holdings: $NEAR, $HBAR, $CRO. Many of new holdings up >30% since rebalance yesterday!

2 people like this

Latest rebalance largest holdings: $EGLD , $WAVES , $QNT , $USDC , $NEAR . Short-term momentum in small-cap coins, especially in NFT space e.g. $MANA , $ENJ , $SAND .

4 people like this

Latest rebalance largest holdings: $ADA , $WAVES, $XLM , $EOS , $DOGE, $RVN .

4 people like this

Latest rebalance largest holdings: $EGLD, $BTT, $DCR, $SOL, $TRX.

Sold out of USD position as the market seems to be moving in a more aggressive direction with smaller coins outperforming lately.

4 people like this

Latest rebalance largest holdings: $BNB, $DCR, $ADA, $UNI, $MKR.

Defensive positions, $USDC and $BTC, have been sold off as the market slowly recovers from the latest sell-off.

Latest rebalance largest holdings: $USDC, $SOL, $ADA, $AAVE, $KSM

$BTC continues to underperform in the short-term.

Have switched $USDT to $USDC following Tether's first disclosure of their reserve breakdown. It showed that 49% of USDT is backed by "Unspecified Commercial Paper" which is concerning as it has credit risk and could be illiquid.

2/2
Elon & Tesla seems to be flip-flopping w.r.t. BTC: "Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining"... "We are also looking at other cryptocurrencies that use <1% of BTC's energy/transaction".

BTC looks to be underperforming coins which might benefit from the above: $ETH, $ADA, $DOT, $SOL

1/2
Latest rebalance largest holdings: $USDT, $XMR, $SOL, $ADA, $ETH.

Market is in risk-off mode after the latest US inflation numbers came in a lot worse than expected yesterday (4.2% YoY vs 3.6% exp).Higher inflation means the odds of an earlier US rate hike increase.