This module allows you to analyze existing cross correlation between Gatecoin Litecoin USD and Yobit Dogecoin USD. You can compare the effects of market volatilities on Gatecoin Litecoin and Yobit Dogecoin 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 Yobit Dogecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Gatecoin Litecoin and Yobit Dogecoin.
|Time Horizon||30 Days Login to change|
Gatecoin Litecoin USD vs. Yobit Dogecoin USD
Assuming 30 trading days horizon, Gatecoin Litecoin USD is expected to generate 1.37 times more return on investment than Yobit Dogecoin. However, Gatecoin Litecoin is 1.37 times more volatile than Yobit Dogecoin USD. It trades about -0.09 of its potential returns per unit of risk. Yobit Dogecoin USD is currently generating about -0.21 per unit of risk. If you would invest 11,500 in Gatecoin Litecoin USD on May 23, 2018 and sell it today you would lose (2,100) from holding Gatecoin Litecoin USD or give up 18.26% of portfolio value over 30 days.