This module allows you to analyze existing cross correlation between Bitfinex Recovery Right Tokens USD and Quoine NEO USD. You can compare the effects of market volatilities on Bitfinex Recovery and Quoine NEO 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 Recovery with a short position of Quoine NEO. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Recovery and Quoine NEO.
|Time Horizon||30 Days Login to change|
Bitfinex Recovery Right Tokens vs. Quoine NEO USD
Assuming 30 trading days horizon, Bitfinex Recovery Right Tokens USD is expected to generate 2.52 times more return on investment than Quoine NEO. However, Bitfinex Recovery is 2.52 times more volatile than Quoine NEO USD. It trades about 0.01 of its potential returns per unit of risk. Quoine NEO USD is currently generating about -0.34 per unit of risk. If you would invest 6.60 in Bitfinex Recovery Right Tokens USD on May 22, 2018 and sell it today you would lose (0.45) from holding Bitfinex Recovery Right Tokens USD or give up 6.82% of portfolio value over 30 days.