Analyze Exposures to Bitcoin in Real-Time
Investors looking to analyze the correlation between bitcoin and companies influenced by cryptocurrency use Imagine’s regression tools to access historical prices of bitcoin. With this data, investors track the relationship between holdings and bitcoin using a historical price time series of a portfolio containing holdings with cryptocurrency exposure. They then create a custom calculation (“custom column”) to calculate beta between the daily, weekly, and monthly price of each holding, and that of USDBTC within a certain time frame, e.g., 90/180/365 days.
Recently, the price of bitcoin has reached a record high—increasing by more than 500% since early this year. Due to its decentralized nature and the popularity of block chain technology, there are those who believe in a bright future for cryptocurrency. Furthermore, the performance of bitcoin investments has attracted the attention of traditional investors looking to hop on the bandwagon through investments in companies likely to be impacted by this new technology.
Imagine Software has launched Imagine Risk Services, a cloud-based solution enabling investment managers to integrate risk analytics on a bespoke basis.
NEW YORK– Febrary 25, 2016 – Imagine has been awarded "Best Risk Management Product" at the US HFM Technology awards held in New York City on February 22, 2016.