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.

That, coupled with the upcoming Ethereum Shanghai upgrade, would make ether calls pricier relative to bitcoin calls. "The volatility spread between ether and bitcoin has compressed to below 1.

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.