This module allows you to analyze existing cross correlation between BitTrex Bitcoin USD and LiveCoin Bitcoin USD. You can compare the effects of market volatilities on BitTrex Bitcoin and LiveCoin 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 BitTrex Bitcoin with a short position of LiveCoin Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of BitTrex Bitcoin and LiveCoin Bitcoin.
|Time Horizon||30 Days Login to change|
BitTrex Bitcoin USD vs. LiveCoin Bitcoin USD
Assuming 30 trading days horizon, BitTrex Bitcoin USD is expected to generate 1.39 times more return on investment than LiveCoin Bitcoin. However, BitTrex Bitcoin is 1.39 times more volatile than LiveCoin Bitcoin USD. It trades about -0.15 of its potential returns per unit of risk. LiveCoin Bitcoin USD is currently generating about -0.23 per unit of risk. If you would invest 740,699 in BitTrex Bitcoin USD on May 24, 2018 and sell it today you would lose (133,199) from holding BitTrex Bitcoin USD or give up 17.98% of portfolio value over 30 days.