This module allows you to analyze existing cross correlation between Bitfinex Ethereum USD and Quoine Ethereum USD. You can compare the effects of market volatilities on Bitfinex Ethereum and Quoine 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 Quoine Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Ethereum and Quoine Ethereum.
|Time Horizon||30 Days Login to change|
Bitfinex Ethereum USD vs. Quoine Ethereum USD
Assuming 30 trading days horizon, Bitfinex Ethereum USD is expected to under-perform the Quoine Ethereum. In addition to that, Bitfinex Ethereum is 1.06 times more volatile than Quoine Ethereum USD. It trades about -0.2 of its total potential returns per unit of risk. Quoine Ethereum USD is currently generating about -0.19 per unit of volatility. If you would invest 69,741 in Quoine Ethereum USD on May 19, 2018 and sell it today you would lose (19,780) from holding Quoine Ethereum USD or give up 28.36% of portfolio value over 30 days.