This module allows you to analyze existing cross correlation between Gatecoin Litecoin USD and Kraken Monero USD. You can compare the effects of market volatilities on Gatecoin Litecoin and Kraken Monero 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 Gatecoin Litecoin with a short position of Kraken Monero. See also your portfolio center. Please also check ongoing floating volatility patterns of Gatecoin Litecoin and Kraken Monero.
|Time Horizon||30 Days Login to change|
Gatecoin Litecoin USD vs. Kraken Monero USD
Assuming 30 trading days horizon, Gatecoin Litecoin USD is expected to generate 1.57 times more return on investment than Kraken Monero. However, Gatecoin Litecoin is 1.57 times more volatile than Kraken Monero USD. It trades about -0.12 of its potential returns per unit of risk. Kraken Monero USD is currently generating about -0.25 per unit of risk. If you would invest 13,200 in Gatecoin Litecoin USD on May 22, 2018 and sell it today you would lose (3,250) from holding Gatecoin Litecoin USD or give up 24.62% of portfolio value over 30 days.