| dc.description.abstract | Our study uses the utility of the principal component analysis tool to analyze the currency market over a year period (1/12017 – 31/12/ 2017). The first two principal components are preserved to describe the main sources of information that the original data express. The portfolio has the mission that describe the variance of the cryptocurrency market with the principal component one and the principal components two, which we call "principal portfolios". The first principal component relies on scree graph to show the big difference to the rest of the principal components, which is considered a duplicate that describes the majority the market risk. The last group principal components will be used by us to determine the near linear relationship to finding a highly correlated coins. Based on this idea, we propose a robust monetization process to build a diversified portfolio. Finally, we will create a portfolio in which the relative risk of the coins will be reduced, but it will still ensure a return on investment. | en_US |
