Journal of Contemporary Issues in Business and Government

Abstract

In this paper, risk and return analysis of the top ten currencies are been presented. How risky
are cryptocurrencies, when compared to other forms of investment like stock &
commodities,is also been analyzed.An equal-weighted crypto index is taken for the
comparisonwith S&P 500, Crude oil, Gold, and Crypto coins. Among the crypto coins, there
are some which are highlyrisky and some gave high returns. Proper quantitative& statistical
analysis is needed to understand the historical behavior. It is important to study the historical
behavior patterns to know the future. Descriptive statistical tools are used to see the patterns
and Inferential statistical tools are used to understand the estimation of the association
between the variables.