Kaminskyi, AndriiMotoryn, RuslanPysanets, Konstantyn2020-10-232020-10-232019Kaminskyi A. Investment risks and their measurement / Andrii Kaminskyi, Ruslan Motoryn, Konstantyn Pysanets // Probability in Action / ed. by Bartosz Przysucha. - Lublin : Politechnika Lubelska, 2019. - Vol. 4. - P. 97-108.https://ekmair.ukma.edu.ua/handle/123456789/18308The article is devoted to analysis of investment risks and their measurement. Three approaches for risk measurement are examined. These approaches have been applied to risk estimation of basic cryptocurrencies. Statistical assessment of basic risk measures from each approach was accomplished. The investigation shows that cryptocurrencies have completely distinctive characteristics of risk-return corresponding. It distinguishes cryptocurrencies from traditional investment assets and from new investment opportunities. The results are important for investment and risk management purposes.enrisk measurementasset classescryptocurrencyCRIXbook chapterBook chapter