This module allows you to analyze existing cross correlation between Gemini Ethereum USD and Kraken Ethereum USD. You can compare the effects of market volatilities on Gemini 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 Gemini Ethereum with a short position of Kraken Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Gemini Ethereum and Kraken Ethereum.
|Time Horizon||30 Days Login to change|
Gemini Ethereum USD vs. Kraken Ethereum USD
Assuming 30 trading days horizon, Gemini Ethereum USD is expected to under-perform the Kraken Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Gemini Ethereum USD is 1.01 times less risky than Kraken Ethereum. The crypto trades about -0.19 of its potential returns per unit of risk. The Kraken Ethereum USD is currently generating about -0.18 of returns per unit of risk over similar time horizon. If you would invest 71,977 in Kraken Ethereum USD on May 19, 2018 and sell it today you would lose (20,207) from holding Kraken Ethereum USD or give up 28.07% of portfolio value over 30 days.