P2P Sustains Solid Real Returns in 2024 – Can It Keep Up?

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  • 10.09.2024 09:40 am

The analysts of the Robocash platform summarized the results of the first half of 2024, calculating the real return on assets for the reporting period. The findings showed that all major global markets are entering a sustainable growth trajectory compared to last year's performance.

In the asset-specific profitability ranking, the cryptocurrency market leads the way with an impressive 92.1% real yield. “As we had anticipated, the market was strongly stimulated by the halving of bitcoin (halving awards to miners every four years) and the launch of bitcoin-linked spot ETFs. However, we should also pay attention to the record volatility indicator (25.7), which is traditionally inherent to cryptocurrencies, among all the assets considered”. - the analysts comment.

The second place is occupied by equities (RY 14.6%), followed by precious metals, which have also shown excellent dynamics over the last six months, rising from the negative return zone to RY 10.5%.

The global real estate market has noticeably revived, but the selected indicator is still in the negative zone (RY -2.5%). Global instability is preventing the sector from performing better. The currency market, at least in its dollar component, shows moderate dynamics, approaching zero yield (RY -1.4%) with minimal volatility. 

The European continental P2P lending market has been driven by platforms' moderate interest rate hikes to avoid investor outflows into higher yielding instruments. Yet, if previously this positive stability gave the market the status of the highest yielding market compared to other assets, now the current momentum (RY 7.6%) is not enough. “One way or another, we should note the traditionally minimal volatility of the asset, which, combined with the absence of major news, makes P2P investments a very attractive financial instrument from a strategic perspective.”- the experts add.

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