What is the risk-adjusted performance metric for Bitcoin (BTC-USD)?
As a financial professional, I'm curious to understand the risk-adjusted performance metric for Bitcoin (BTC-USD). Could you elaborate on how this metric is calculated and what it signifies? Specifically, I'm interested in how it takes into account both the potential returns and the associated risks of investing in Bitcoin. Is it a ratio, an index, or a more complex formula? How does it help investors make informed decisions regarding the allocation of their portfolios to Bitcoin? Thank you for clarifying this important aspect of cryptocurrency investing.