Machine Learning for Crypto Portfolio Management Case Study: Week 6

China has yet again banned all cryptocurrency transactions and the market has predictably suffered due to the selling pressure as Chinese investors exit cryptocurrencies for assets with more regulatory clarity and safety. That said, none of the portfolios did exceptionally poorly this week — maintaining balances above the previous dips drawdown point for the duration of the week. The Nomics portfolio maintains a commanding lead in performance, while the other 3 portfolios struggle to stay in “profitable” territory under bearish conditions.

Shrimpy ML Strategy

The Shrimpy portfolio was able to maintain its balance throughout the week and while it didn’t gain any ground, it didn’t lose any either which is commendable considering the bombshell filled with bears that were dropped on the market this week. Shrimpy is currently in 4th place in performance.

Portfolio Allocations

  1. APENFT (NFT): Projected 7-day profit: +582.33%
  2. Oasis Network (ROSE): Projected 7-day profit: +262.50%
  3. Fantom (FTM): Projected 7-day profit: +116.39%
  4. MoonStarter (MNST): Projected 7-day profit: +92.31%
  5. Algorand (ALGO): Projected 7-day profit: +83.91%
  6. Ren (REN): Projected 7-day profit: +67.86%
  7. Tezos (XTZ): Projected 7-day profit: +62.00%
  8. Horizen (ZEN): Projected 7-day profit: +61.40%
  9. V-ID (VIDT): Projected 7-day profit: 56.93%
  10. Quant (QNT): Projected 7-day profit: +50.10%
  1. Ren (REN): Projected 7-day profit: +95.84%
  2. Zel (FLUX): Projected 7-day profit: +95.54%
  3. Algorand (ALGO): Projected 7-day profit: +83.71%
  4. Aleph.im (ALEPH): Projected 7-day profit: +66.50%
  5. Kadena (KDA): Projected 7-day profit: +60.01%
  6. The Forbidden Forest (FORESTPLUS): Projected 7-day profit: +45.32%
  7. The Crypto Prophecies (TCP): Projected 7-day profit: +42.03%
  8. Combo (COMB): Projected 7-day profit: +41.40%
  9. Unizen (ZCX): Projected 7-day profit: +40.18%
  10. Cosmos (ATOM): Projected 7-day profit: +38.80%

Portfolio Starting Value

Try the Shrimpy ML Forecasts

Disclaimer: Shrimpy’s price forecasts are for entertainment purposes only.

Nomics ML Strategy

The Nomics portfolio had a solid week, it had the second-best weekly performance of the 4 portfolios. As mentioned previously, under extremely bearish conditions — any positive performance is commendable. Has Nomics finally found its niche in picking assets that do well under bearish sentiment?

Portfolio Allocations

  1. Quant (QNT): Projected 7-day profit: +69.16%
  2. NEAR Protocol(NEAR): Projected 7-day profit: +52.53%
  3. Harmony (ONE): Projected 7-day profit: +50.45%
  4. Solana (SOL): Projected 7-day profit: +40.52%
  5. Fantom (FTM): Projected 7-day profit: +40.11%
  6. Terra(LUNA): Projected 7-day profit: +29.63%
  7. OMG Network (OMG): Projected 7-day profit: +27.08%
  8. Avalanche (AVAX): Projected 7-day profit: +20.11%
  9. Cosmos (ATOM): Projected 7-day profit: +15.33%
  10. IOST (IOST): Projected 7-day profit: +15.31%
  1. XinFin Network (XDC): Projected 7-day profit: +31.05%
  2. Tezos (XTZ): Projected 7-day profit: +18.52%
  3. Axie Infinity (AXS): Projected 7-day profit: +15.54%
  4. Harmony (ONE): Projected 7-day profit: +14.68%
  5. Sushiswap (SUSHI): Projected 7-day profit: +13.14%
  6. Celo (CELO): Projected 7-day profit: +10.66%
  7. Luna (LUNA): Projected 7-day profit: +8.72%
  8. Uniswap Protocol Token (UNI): Projected 7-day profit: +7.92%
  9. Cosmos (ATOM): Projected 7-day profit: +4.95%
  10. USD Coin (USDC): Projected 7-day profit: N/A

Portfolio Starting Value

Decentralized Finance Index Strategy

The DeFi Index was the best performing portfolio this week. With AVAX, LUNA, XTZ and FTM all doing extremely well this past week, it’s little surprise that the DeFi index benefited disproportionally over the other portfolios.

Portfolio Allocations

  1. Avalanche (AVAX): 18.79% Allocation (adjusted from 9.92%)
  2. Terra (LUNA): 18.45% Allocation (adjusted from 18.11%)
  3. Uniswap (UNI): 17.68% Allocation (adjusted from 22.15%)
  4. Chainlink (LINK): 13.29% Allocation (adjusted from 15.18%)
  5. Tezos (XTZ): 6.54% Allocation (adjusted from 0%)
  6. Pancake Swap (CAKE): 5.25% Allocation (adjusted from 6.75%)
  7. AAVE (AAVE): 5% Allocation (adjusted from 6.34%)
  8. Fantom (FTM): 5% Allocation (adjusted from 0%)
  9. The Graph (GRT): 5% Allocation
  10. Maker (MKR): 5% Allocation

Removed

Portfolio Starting Value

Smart Contracts Index Strategy

The Smart Contracts index, much like the Shrimpy portfolio, was able to hold on to its value effectively throughout the week. AVAX and XTZ both did well this past week and helped the Smart Contracts index maintain at least some level of profitability.

Portfolio Allocations

  1. Ethereum (ETH): 25.% Allocation (adjusted from 25.01%)
  2. Cardano (ADA): 25% Allocation
  3. Avalanche (AVAX): 10.5% Allocation (adjusted from 6.11%)
  4. Chainlink (LINK): 7.43% Allocation (adjusted from 9.36%)
  5. Algorand (ALGO): 7.07% Allocation (adjusted from 5%)
  6. Stellar (XLM): 5% Allocation (adjusted from 6.69%)
  7. Ethereum Classic (ETC): 5% Allocation (adjusted from 6.52%)
  8. VeChain (VET): 5% Allocation (adjusted from 6.31%)
  9. EOS (EOS): 5% Allocation
  10. Tezos (XTZ): 5% Allocation (adjusted from 0%)

Removed

  1. NEO (NEO)

Portfolio Starting Value

Conclusions

Disclaimer

About us

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Shrimpy is a crypto exchange trading bot for portfolio management, indexing the market, rebalancing, and strategy backtesting. Join now at shrimpy.io.

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