This module allows you to analyze existing cross correlation between BitTrex Ethereum Classic USD and Poloniex Stellar USD. You can compare the effects of market volatilities on BitTrex Ethereum and Poloniex Stellar 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 Ethereum with a short position of Poloniex Stellar. See also your portfolio center. Please also check ongoing floating volatility patterns of BitTrex Ethereum and Poloniex Stellar.
|Time Horizon||30 Days Login to change|
BitTrex Ethereum Classic USD vs. Poloniex Stellar USD
Assuming 30 trading days horizon, BitTrex Ethereum Classic USD is expected to generate 1.42 times more return on investment than Poloniex Stellar. However, BitTrex Ethereum is 1.42 times more volatile than Poloniex Stellar USD. It trades about 0.01 of its potential returns per unit of risk. Poloniex Stellar USD is currently generating about -0.15 per unit of risk. If you would invest 1,655 in BitTrex Ethereum Classic USD on May 21, 2018 and sell it today you would lose (80.00) from holding BitTrex Ethereum Classic USD or give up 4.83% of portfolio value over 30 days.