⚫️ Hugh Math Index
⚫️ As of Mar 1, 2024
⚫️ Hugh Math Index
The HMI is a broad-based Index for the cryptocurrency market designed to measure the overall growth of the cryptocurrency market by tracking the performance of a large of crypto assets picked to represent the broader cryptocurrency market.
More details
⚫️ Quick Facts
▪️ Number of Constituents (40)
▪️ 80.82% of Total Market Cap (1923.4bn)
▪️ 96.08% of Hugh Math Index Standard
▪️ Launch Date: Jul 28, 2021
▪️ Type: Passive - Broad-based index "Benchmark"
▪️ Focus: The broader cryptocurrency market
▪️ M&J Global Style Box: Large - Blend
▪️ Weighting Method: The square root of market capitalization
▪️ Constituents selection: Quarterly in March, June, September, and December▪️ Rebalancing: Monthly
▪️ Periodic review: Weekly
▪️ Benchmark: Total Market Cap
⚫️ Key Highlights
▪️ Diversified and provides comprehensive coverage of the entire cryptocurrency market.
▪️ The Hugh Math Index is designed to be for passive copiers to participate in the cryptocurrency market on an objective basis, where you can use Buy and hold or use Dollar Cost Averaging (DCA) to reduce market risk or Buy the dips - sell the rips!
⚫️ Top 10 Holdings(64.48% of Total Assets)
$BTC (23.99%)
$ETH (13.93%)
$BNB (5.44%)
$SOL (5.23%)
$ADA (3.37%)
$DOGE (2.94%)
$AVAX (2.76%)
$LINK (2.35%)
$DOT (2.34%)
$MATIC (2.13%)
⚫️ Sector Weightings(%)
The sector classification system was developed to be more accurate to market conditions.
▪️ Currency (28.87%)
▪️ Blockchain Infrastructure (54.43%)
▪️ Infrastructure Applications (6.99%)
▪️ Decentralized Finance (5.78%)
▪️ Media & Entertainment (3.93%)
🔵 To copy this crypto strategy
https://www.iconomi.com/asset/HUGHMATH
⚫️ Disclaimer
▪️ The results do not constitute investment advice or recommendation, are provided for informational purposes only, and are not an offer to buy or sell any crypto assets.
▪️ Past performance is not a guarantee of future results.
▪️ Investing involves risks, including the possibility of losing capital.
Hugh Math Index
Math-Based Investing
However, if you want to copy one of the indexes derived from this index, you should know that at the end of this month it was announced that all indexes will be deleted except for the HUGH MATH INDEX because it is the main standard index and Next Gen Index. We plan to launch the indexes in a different way. I advise you to take a look at the NEXT GEN INDEX because it will be a growth index if you are looking for a unique investment, as it is invested only in the best projects that help the next generation build Web 3.0 , that is, with blockchain infrastructure and infrastructure applications using the sampling methods that the index was designed to invest. Therefore, you can view the assets and read the description until you have confidence in the long-term investment process - the index is new - but you can trust it when you see the list of assets and see the main index in the long run. Good luck 🍀
https://www.iconomi.com/asset/NGINDEX