This module allows you to analyze existing cross correlation between Coinbase Bitcoin USD and Cexio Ethereum USD. You can compare the effects of market volatilities on Coinbase Bitcoin and Cexio 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 Coinbase Bitcoin with a short position of Cexio Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinbase Bitcoin and Cexio Ethereum.
|Time Horizon||30 Days Login to change|
Coinbase Bitcoin USD vs. Cexio Ethereum USD
Assuming 30 trading days horizon, Coinbase Bitcoin USD is expected to under-perform the Cexio Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Coinbase Bitcoin USD is 1.57 times less risky than Cexio Ethereum. The crypto trades about -0.12 of its potential returns per unit of risk. The Cexio Ethereum USD is currently generating about -0.07 of returns per unit of risk over similar time horizon. If you would invest 60,315 in Cexio Ethereum USD on May 22, 2018 and sell it today you would lose (7,406) from holding Cexio Ethereum USD or give up 12.28% of portfolio value over 30 days.