This module allows you to analyze existing cross correlation between Coinbase Ethereum USD and LiveCoin Ethereum USD. You can compare the effects of market volatilities on Coinbase Ethereum and LiveCoin 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 LiveCoin Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinbase Ethereum and LiveCoin Ethereum.
|Time Horizon||30 Days Login to change|
Coinbase Ethereum USD vs. LiveCoin Ethereum USD
Assuming 30 trading days horizon, Coinbase Ethereum USD is expected to generate 1.21 times more return on investment than LiveCoin Ethereum. However, Coinbase Ethereum is 1.21 times more volatile than LiveCoin Ethereum USD. It trades about -0.05 of its potential returns per unit of risk. LiveCoin Ethereum USD is currently generating about -0.09 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 (6,400) from holding Coinbase Ethereum USD or give up 10.83% of portfolio value over 30 days.