Excel Formula. The Total Return for each Portfolio =(last cell / initial cell) - 1. The risk-free rate. ... But the goal here is to evaluate our portfolio relative to its volatility, ...

Bitcoin’s (BTC) price experienced sharp fluctuations in December after failing to hold above $100,000, but according to ARK Invest, the cryptocurrency’s movements weren’t out of the ordinary.

The SPDR S&P 500 ETF Trust (ARCA: SPY) is currently experiencing historically low levels of relative volatility, ranking in the bottom 3 percentile for relative historical volatility over the ...

Low relative volatility implies that Bitcoin hasn’t yet reached the mania phase of its cycle, which means further upward momentum is likely, especially in a bull market.