This module allows you to analyze existing cross correlation between Cexio Bitcoin USD and Coinbase Bitcoin USD. You can compare the effects of market volatilities on Cexio Bitcoin and Coinbase 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 Cexio Bitcoin with a short position of Coinbase Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Cexio Bitcoin and Coinbase Bitcoin.
|Time Horizon||30 Days Login to change|
Cexio Bitcoin USD vs. Coinbase Bitcoin USD
Assuming 30 trading days horizon, Cexio Bitcoin USD is expected to under-perform the Coinbase Bitcoin. But the crypto apears to be less risky and, when comparing its historical volatility, Cexio Bitcoin USD is 1.02 times less risky than Coinbase Bitcoin. The crypto trades about -0.23 of its potential returns per unit of risk. The Coinbase Bitcoin USD is currently generating about -0.18 of returns per unit of risk over similar time horizon. If you would invest 806,400 in Coinbase Bitcoin USD on May 21, 2018 and sell it today you would lose (144,129) from holding Coinbase Bitcoin USD or give up 17.87% of portfolio value over 30 days.