This module allows you to analyze existing cross correlation between Coinbase Ethereum USD and Coinroom Ethereum USD. You can compare the effects of market volatilities on Coinbase Ethereum and Coinroom 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 Ethereum with a short position of Coinroom Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinbase Ethereum and Coinroom Ethereum.
|Time Horizon||30 Days Login to change|
Coinbase Ethereum USD vs. Coinroom Ethereum USD
Assuming 30 trading days horizon, Coinbase Ethereum USD is expected to under-perform the Coinroom Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Coinbase Ethereum USD is 1.02 times less risky than Coinroom Ethereum. The crypto trades about -0.18 of its potential returns per unit of risk. The Coinroom Ethereum USD is currently generating about -0.16 of returns per unit of risk over similar time horizon. If you would invest 67,902 in Coinroom Ethereum USD on May 18, 2018 and sell it today you would lose (17,624) from holding Coinroom Ethereum USD or give up 25.96% of portfolio value over 30 days.