Contrary to other financial instruments, most cryptocurrencies are not backed by underlying assets. As most cryptocurrencies maintain a definite limited supply, social media and financial fundamentals serve as significant determining factors in exchange rates. Our advanced algorithms scrape this public information to determine appropriate trading strategies.
Recent research indicates there is a high correlation between the volume of search inquiries about Bitcoin and its USD exchange rate. We capitalize on this correlation and cutting-edge big data to provide risk-averse portfolio management to our clients. Everest Capital's efforts are pioneering strategic portfolio management of cryptocurrency.
Currently, Everest Capital focuses on portfolio management in the cryptocurrency sphere. Preliminary testing indicates our advanced modeling can predict the value of other financial instruments to a high degree of accuracy. We may elect to manage portfolios of alternative asset classes in the future.