Stand圖表說

Standard Chartered已提出了“ Magnific 7”技術指數的修訂版，該索引稱為“ Mag 7b”，該索引用比特幣代替了特斯拉。由Cointelegraph。

Standard Chartered has come up with a spin on the so-called Magnificent 7 tech index—suggesting it may be time to replace Tesla with bitcoin.

標準包機已經提出了所謂的宏偉的7技術指數的旋轉，這可能是時候用比特幣代替特斯拉了。

The bank's analysis found that this "Mag 7B" hypothetical index delivers higher returns and lower volatility than the original Mag 7 index—suggesting bitcoin could enhance traditional tech-focused investment strategies.

該銀行的分析發現，與原始MAG 7指數相比，這種“ MAG 7B”假設指數可提供更高的回報和更低的波動性 - 涉及比特幣可以增強傳統以技術為中心的投資策略。

Its analysis comes amid a record year for Tesla stock, which has seen its valuation soar to new highs, making it a key holding in many flagship investment funds—but also sparking debate over whether its meteoric rise is sustainable.

在特斯拉股票的創紀錄的一年中，它的分析已經達到了新的高處，這使其成為許多旗艦投資基金的關鍵，但也引發了關於其流離失所崛起是否可持續的辯論。

However, in a note on Monday, Geoffrey Kendrick, head of digital assets research at Standard Chartered, argued that bitcoin behaves more like a tech asset than a commodity in the short term—often showing stronger correlation with the Nasdaq than with gold.

但是，在周一的一份說明中，標準憲章的數字資產研究負責人杰弗裡·肯德里克（Geoffrey Kendrick）認為，比特幣在短期內的行為更像是一種技術資產，而不是與納斯達克的商品相比，而不是與黃金更強的相關性。

This is a role which the original Magnificent 7 index, which comprises the seven largest U.S. tech stocks (Apple, Microsoft, Google-parent Alphabet, Nvidia, Meta, Tesla and Johnson & Johnson), already plays out—suggesting it could easily be adapted to include bitcoin.

這是原始宏偉的7索引的角色，包括美國七個最大的科技股（Apple，Microsoft，Google-Parent Alphabet，Nvidia，Meta，Tesla和Johnson＆Johnson），已經發揮了作用 - 很容易適應它，包括比特幣。

Indeed, in the case of Mag 7B, which substitutes Tesla with bitcoin, the analysis found that the index delivered better performance metrics over the past five years.

確實，就MAG 7B而言，將特斯拉用比特幣代替，分析發現該指數在過去五年中提供了更好的性能指標。

Specifically, the adjusted (net of fees) return was 0.6% higher on average per year, while the annualized standard deviation of returns was 0.7% lower—suggesting that the index was also less volatile.

具體而言，調整後的（淨費用）收益平均每年增加0.6％，而年度標準回報率降低了0.7％，這表明該指數的波動性也較小。

Moreover, the researchers found that the Mag 7B index also outperformed the Nasdaq 100 by 0.3% on average per year over the past five years—suggesting it could be a viable alternative for investors seeking broader exposure to the U.S. stock market.

此外，研究人員發現，在過去五年中，MAG 7B指數的平均每年平均比納斯達克100勝過0.3％，這對於尋求更廣泛接觸美國股票市場的投資者來說可能是可行的替代方案。

This finding is significant because it suggests that bitcoin could be a valuable addition to the investment strategies of institutional investors, who are increasingly seeking to diversify their portfolios across asset classes and markets.

這一發現很重要，因為它表明比特幣可能是機構投資者的投資策略的寶貴補充，這些投資者越來越尋求在資產類別和市場上多樣化其投資組合。

With bitcoin’s market cap now surpassing $1.7 trillion—more than twice that of Tesla—its growing acceptance among institutional investors is likely to continue driving price appreciation and attracting greater capital flows into the cryptocurrency market.

現在，隨著比特幣的市值超過1.7萬億美元，是特斯拉的兩倍，它在機構投資者中的接受程度越來越大，可能會繼續推動價格增值，並吸引更大的資本流入加密貨幣市場。

This dual function strengthens the case for bitcoin’s inclusion alongside major tech names like Apple, Microsoft and Nvidia—which are typically valued for their innovation, growth potential and strong balance sheets.

這種雙重功能加強了比特幣與蘋果，微軟和NVIDIA等主要技術名稱同時包含的情況，通常因其創新，增長潛力和強大的資產負債表而受到重視。

Likewise, bitcoin's role as a hedge against the risks of traditional finance, such as inflation, deflation and geopolitical uncertainty, is also becoming increasingly recognized by institutional investors.

同樣，比特幣作為對沖傳統金融風險的對沖，例如通貨膨脹，通貨緊縮和地緣政治不確定性，也正受到機構投資者的認可。

In a world where traditional safe-haven assets, like U.S. Treasuries and gold, are no longer seen as reliable stores of value due to excessive government debt and the potential for monetary debasement, investors are actively seeking alternative assets which can preserve their purchasing power over the long term.

在一個傳統的安全資產（如美國國債和黃金）的世界中，由於政府過多的債務和貨幣貶低的潛力，不再被視為可靠的價值存儲，投資者正在積極尋求替代資產，這些資產可以在長期內保留其購買力。

This is precisely the role which bitcoin is uniquely placed to fulfill, as it is a decentralized and scarce asset, with a fixed supply of 21 million coins.

這正是比特幣獨特地履行的作用，因為它是一個分散和稀缺的資產，固定的供應2100萬個硬幣。

This scarcity factor is crucial in the current macroeconomic climate, where an unprecedented surge in liquidity has been pouring into financial markets.

在當前的宏觀經濟氣候中，這種稀缺性因素至關重要，在這種氣候下，流動性前所未有的激增湧入金融市場。

As institutions navigate this evolving landscape, they are placing a strong emphasis on identifying assets which can generate sustainable returns with lower levels of volatility.

隨著機構駕駛這一不斷發展的景觀，他們非常重視確定可以產生較低波動率的可持續回報的資產。

In this context, bitcoin’s performance in comparison to the original Mag 7 index is noteworthy, especially considering the stellar returns achieved by the Magnificent 7 stocks in recent years thanks to their dominance in the digital economy.

在這種情況下，值得注意的是，比特幣與原始MAG 7指數相比，尤其是考慮到近年來宏偉的7股股票在數字經濟中的優勢而獲得的出色回報。

Despite this, the analysis suggests that further improvements in both return and risk-adjusted performance could be realized by making a single substitution within the index—swapping out Tesla for bitcoin.

儘管如此，分析表明，可以通過在索引中進行單個替換來實現回報和風險調整的績效的進一步改善，即為比特幣提供特斯拉。

This finding highlights the potential of cryptocurrencies to enhance traditional investment strategies in a rapidly changing financial world.

這一發現凸顯了加密貨幣在快速變化的金融世界中增強傳統投資策略的潛力。