This module allows you to analyze existing cross correlation between BitTrex Ethereum USD and LiveCoin Ethereum USD. You can compare the effects of market volatilities on BitTrex Ethereum and LiveCoin 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 BitTrex Ethereum with a short position of LiveCoin Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of BitTrex Ethereum and LiveCoin Ethereum.
|Time Horizon||30 Days Login to change|
BitTrex Ethereum USD vs. LiveCoin Ethereum USD
Assuming 30 trading days horizon, BitTrex Ethereum USD is expected to generate 1.38 times more return on investment than LiveCoin Ethereum. However, BitTrex Ethereum is 1.38 times more volatile than LiveCoin Ethereum USD. It trades about -0.12 of its potential returns per unit of risk. LiveCoin Ethereum USD is currently generating about -0.17 per unit of risk. If you would invest 58,296 in BitTrex Ethereum USD on May 26, 2018 and sell it today you would lose (13,038) from holding BitTrex Ethereum USD or give up 22.37% of portfolio value over 30 days.