This module allows you to analyze existing cross correlation between Cexio Ethereum USD and Coinbase Bitcoin USD. You can compare the effects of market volatilities on Cexio Ethereum 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 Ethereum with a short position of Coinbase Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Cexio Ethereum and Coinbase Bitcoin.
|Time Horizon||30 Days Login to change|
Cexio Ethereum USD vs. Coinbase Bitcoin USD
Assuming 30 trading days horizon, Cexio Ethereum USD is expected to under-perform the Coinbase Bitcoin. In addition to that, Cexio Ethereum is 1.56 times more volatile than Coinbase Bitcoin USD. It trades about -0.19 of its total potential returns per unit of risk. Coinbase Bitcoin USD is currently generating about -0.28 per unit of volatility. If you would invest 853,577 in Coinbase Bitcoin USD on May 19, 2018 and sell it today you would lose (210,178) from holding Coinbase Bitcoin USD or give up 24.62% of portfolio value over 30 days.