This module allows you to analyze existing cross correlation between Bitfinex Ethereum USD and Gemini Ethereum USD. You can compare the effects of market volatilities on Bitfinex Ethereum and Gemini Ethereum 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 Ethereum with a short position of Gemini Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Ethereum and Gemini Ethereum.
|Time Horizon||30 Days Login to change|
Bitfinex Ethereum USD vs. Gemini Ethereum USD
Assuming 30 trading days horizon, Bitfinex Ethereum USD is expected to generate 1.03 times more return on investment than Gemini Ethereum. However, Bitfinex Ethereum is 1.03 times more volatile than Gemini Ethereum USD. It trades about -0.11 of its potential returns per unit of risk. Gemini Ethereum USD is currently generating about -0.12 per unit of risk. If you would invest 64,301 in Bitfinex Ethereum USD on May 21, 2018 and sell it today you would lose (12,281) from holding Bitfinex Ethereum USD or give up 19.1% of portfolio value over 30 days.