This module allows you to analyze existing cross correlation between Exmo Bitcoin USD and Kraken Bitcoin USD. You can compare the effects of market volatilities on Exmo Bitcoin and Kraken 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 Exmo Bitcoin with a short position of Kraken Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Exmo Bitcoin and Kraken Bitcoin.
|Time Horizon||30 Days Login to change|
Exmo Bitcoin USD vs. Kraken Bitcoin USD
Assuming 30 trading days horizon, Exmo Bitcoin USD is expected to under-perform the Kraken Bitcoin. But the crypto apears to be less risky and, when comparing its historical volatility, Exmo Bitcoin USD is 1.2 times less risky than Kraken Bitcoin. The crypto trades about -0.22 of its potential returns per unit of risk. The Kraken Bitcoin USD is currently generating about -0.18 of returns per unit of risk over similar time horizon. If you would invest 805,680 in Kraken Bitcoin USD on May 21, 2018 and sell it today you would lose (143,200) from holding Kraken Bitcoin USD or give up 17.77% of portfolio value over 30 days.