How can I use ROCE calculation to analyze the profitability of my cryptocurrency portfolio?

1 answers

• May 01, 2022 · 3 years ago
  ROCE calculation can be a useful tool for analyzing the profitability of your cryptocurrency portfolio. It takes into account both the net profit generated by your portfolio and the total capital employed. By calculating the ROCE, you can assess how efficiently your portfolio is generating returns relative to the capital invested. A higher ROCE indicates better profitability and efficiency. However, it's important to note that ROCE should not be the sole metric used to evaluate your portfolio's performance. It should be used in conjunction with other financial ratios and analysis methods to get a comprehensive view of your portfolio's profitability and potential risks.
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