This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and Quoine Ethereum USD. You can compare the effects of market volatilities on Bitstamp 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 Bitstamp Ethereum with a short position of Quoine Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and Quoine Ethereum.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. Quoine Ethereum USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to generate 1.04 times more return on investment than Quoine Ethereum. However, Bitstamp Ethereum is 1.04 times more volatile than Quoine Ethereum USD. It trades about -0.15 of its potential returns per unit of risk. Quoine Ethereum USD is currently generating about -0.17 per unit of risk. If you would invest 69,399 in Bitstamp Ethereum USD on May 20, 2018 and sell it today you would lose (17,042) from holding Bitstamp Ethereum USD or give up 24.56% of portfolio value over 30 days.