This module allows you to analyze existing cross correlation between Coinbase Ethereum USD and Kraken Ethereum USD. You can compare the effects of market volatilities on Coinbase Ethereum and Kraken 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 Kraken Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinbase Ethereum and Kraken Ethereum.
|Time Horizon||30 Days Login to change|
Coinbase Ethereum USD vs. Kraken Ethereum USD
Assuming 30 trading days horizon, Coinbase Ethereum USD is expected to generate 0.99 times more return on investment than Kraken Ethereum. However, Coinbase Ethereum USD is 1.01 times less risky than Kraken Ethereum. It trades about -0.03 of its potential returns per unit of risk. Kraken Ethereum USD is currently generating about -0.04 per unit of risk. If you would invest 59,100 in Coinbase Ethereum USD on May 22, 2018 and sell it today you would lose (4,741) from holding Coinbase Ethereum USD or give up 8.02% of portfolio value over 30 days.