This module allows you to analyze existing cross correlation between Bitstamp Bitcoin USD and LakeBTC Bitcoin USD. You can compare the effects of market volatilities on Bitstamp Bitcoin and LakeBTC 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 Bitstamp Bitcoin with a short position of LakeBTC Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Bitcoin and LakeBTC Bitcoin.
|Time Horizon||30 Days Login to change|
Bitstamp Bitcoin USD vs. LakeBTC Bitcoin USD
Assuming 30 trading days horizon, Bitstamp Bitcoin USD is expected to under-perform the LakeBTC Bitcoin. In addition to that, Bitstamp Bitcoin is 1.04 times more volatile than LakeBTC Bitcoin USD. It trades about -0.15 of its total potential returns per unit of risk. LakeBTC Bitcoin USD is currently generating about -0.14 per unit of volatility. If you would invest 874,982 in LakeBTC Bitcoin USD on May 24, 2018 and sell it today you would lose (140,494) from holding LakeBTC Bitcoin USD or give up 16.06% of portfolio value over 30 days.