Comparative Analysis Of The Performance Of Bitcoin, Stocks, And Gold As Alternative Investments
Keywords:
Investment, Cryptocurrency, Bitcoin, Stock, Gold, Return, Risk, PerfomanceAbstract
The purpose of this research is to find out and analyze the comparison of the performance of bitcoin cryptocurrency, stocks, and gold. This type of research is quantitative research using a comparative method. The population in this study is the monthly closing price of bitcoin, LQ45 shares, and gold from 2018 to 2023, which is 180 data. The sampling technique used in this study is saturated sampling. This research is research that uses time series data and the type of data used is secondary data. Data were calculated using the Microsoft Excel program based on formulas for each research variable. The data is processed using the SPSS, namely the Anova test. The results of this study indicate that there are significant differences between bitcoin, stocks, and gold when viewed from the return and risk. Then, there are significant differences between the performance of bitcoin, stocks, and gold as measured by the Sharpe, Treynor and Jensen methods.
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