This module allows you to analyze existing cross correlation between Bitfinex Bitcoin USD and Coinbase Bitcoin USD. You can compare the effects of market volatilities on Bitfinex Bitcoin and Coinbase 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 Coinbase Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Bitcoin and Coinbase Bitcoin.
|Time Horizon||30 Days Login to change|
Bitfinex Bitcoin USD vs. Coinbase Bitcoin USD
Assuming 30 trading days horizon, Bitfinex Bitcoin USD is expected to under-perform the Coinbase Bitcoin. In addition to that, Bitfinex Bitcoin is 1.02 times more volatile than Coinbase Bitcoin USD. It trades about -0.28 of its total potential returns per unit of risk. Coinbase Bitcoin USD is currently generating about -0.28 per unit of volatility. If you would invest 853,577 in Coinbase Bitcoin USD on May 19, 2018 and sell it today you would lose (210,178) from holding Coinbase Bitcoin USD or give up 24.62% of portfolio value over 30 days.