A robot that’s earned a reputation for outperforming the markets just unveiled its latest crypto portfolio allocations with results that have surprised some traders.
The Real Vision Bot compiles surveys of cryptocurrency-related data to create algorithmic portfolio assessments on a weekly basis.
According to Real Vision, the bot’s allocations, which are based on aggregated opinions of crypto traders, have historically outperformed the top 20 crypto assets on the market by more than 20%.
The latest survey-based portfolio allocation is led by Bitcoin (BTC) at 50.1%, followed by Ethereum (ETH) at 35.1%, Terra (LUNA) at 9.4%, and finally Cosmos (ATOM) at 5.37%.
The bot itself also compiles a portfolio on its own. Currently, it is interested in the exact same four crypto assets as those surveyed, with BTC weighted at 48.4%, ETH at 34.5%, LUNA at 10%, and ATOM at 6.99%.
In a tweet, the bot asks if a recent move to more conservative crypto allocations means investors are looking for a safe haven during times of rising geopolitical stress.
“Latest weights in the RealVision exchange crypto portfolios. No, it’s not a mistake.
Only for Bitcoin, Ethereum, Terra and Atom did votes for ‘overweight’ exceed votes for ‘underweight.’
The bot follows this lead. Is this a safe haven play?”
Backing up the idea that there may be a safe haven play underway, the bot’s allocations this week are drastically different from what they were last week. On March 7th, the bot reduced its BTC holdings by around 12%. However, the bot increased its Bitcoin allocation by nearly 30% this week.
The bot had also cut its ETH holdings by around 13% last week. This week, it upped its Ethereum investments by about 15%.
Lastly, the robot’s Terra holdings had increased by around 3% a week ago but have now been slashed by approximately 13%.
The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
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