This module allows you to analyze existing cross correlation between Coinbase Bitcoin USD and Bitstamp Bitcoin USD. You can compare the effects of market volatilities on Coinbase Bitcoin and Bitstamp 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 Coinbase Bitcoin with a short position of Bitstamp Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinbase Bitcoin and Bitstamp Bitcoin.
|Time Horizon||30 Days Login to change|
Coinbase Bitcoin USD vs. Bitstamp Bitcoin USD
Assuming 30 trading days horizon, Coinbase Bitcoin USD is expected to generate 1.0 times more return on investment than Bitstamp Bitcoin. However, Coinbase Bitcoin USD is 1.0 times less risky than Bitstamp Bitcoin. It trades about -0.16 of its potential returns per unit of risk. Bitstamp Bitcoin USD is currently generating about -0.18 per unit of risk. If you would invest 806,400 in Coinbase Bitcoin USD on May 21, 2018 and sell it today you would lose (131,701) from holding Coinbase Bitcoin USD or give up 16.33% of portfolio value over 30 days.