This module allows you to analyze existing cross correlation between Bitfinex Bitcoin USD and Kraken Bitcoin USD. You can compare the effects of market volatilities on Bitfinex Bitcoin and Kraken 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 Kraken Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Bitcoin and Kraken Bitcoin.
|Time Horizon||30 Days Login to change|
Bitfinex Bitcoin USD vs. Kraken Bitcoin USD
Assuming 30 trading days horizon, Bitfinex Bitcoin USD is expected to under-perform the Kraken Bitcoin. In addition to that, Bitfinex Bitcoin is 1.01 times more volatile than Kraken Bitcoin USD. It trades about -0.11 of its total potential returns per unit of risk. Kraken Bitcoin USD is currently generating about -0.1 per unit of volatility. If you would invest 757,020 in Kraken Bitcoin USD on May 22, 2018 and sell it today you would lose (80,700) from holding Kraken Bitcoin USD or give up 10.66% of portfolio value over 30 days.