This module allows you to analyze existing cross correlation between Bitfinex Bitcoin USD and Cexio Bitcoin USD. You can compare the effects of market volatilities on Bitfinex Bitcoin and Cexio Bitcoin and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Bitfinex Bitcoin with a short position of Cexio Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Bitcoin and Cexio Bitcoin.
|Time Horizon||30 Days Login to change|
Bitfinex Bitcoin USD vs. Cexio Bitcoin USD
Assuming 30 trading days horizon, Bitfinex Bitcoin USD is expected to generate 1.05 times more return on investment than Cexio Bitcoin. However, Bitfinex Bitcoin is 1.05 times more volatile than Cexio Bitcoin USD. It trades about -0.2 of its potential returns per unit of risk. Cexio Bitcoin USD is currently generating about -0.22 per unit of risk. If you would invest 837,630 in Bitfinex Bitcoin USD on May 20, 2018 and sell it today you would lose (162,630) from holding Bitfinex Bitcoin USD or give up 19.42% of portfolio value over 30 days.