This module allows you to analyze existing cross correlation between Bitfinex Ethereum USD and Kraken Ethereum USD. You can compare the effects of market volatilities on Bitfinex Ethereum and Kraken 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 Kraken Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Ethereum and Kraken Ethereum.
|Time Horizon||30 Days Login to change|
Bitfinex Ethereum USD vs. Kraken Ethereum USD
Assuming 30 trading days horizon, Bitfinex Ethereum USD is expected to generate 1.04 times more return on investment than Kraken Ethereum. However, Bitfinex Ethereum is 1.04 times more volatile than Kraken Ethereum USD. It trades about -0.17 of its potential returns per unit of risk. Kraken Ethereum USD is currently generating about -0.18 per unit of risk. If you would invest 69,196 in Bitfinex Ethereum USD on May 18, 2018 and sell it today you would lose (19,084) from holding Bitfinex Ethereum USD or give up 27.58% of portfolio value over 30 days.