This module allows you to analyze existing cross correlation between Kraken Bitcoin USD and Gemini Bitcoin USD. You can compare the effects of market volatilities on Kraken Bitcoin and Gemini 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 Kraken Bitcoin with a short position of Gemini Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Bitcoin and Gemini Bitcoin.
|Time Horizon||30 Days Login to change|
Kraken Bitcoin USD vs. Gemini Bitcoin USD
Assuming 30 trading days horizon, Kraken Bitcoin USD is expected to generate 1.01 times more return on investment than Gemini Bitcoin. However, Kraken Bitcoin is 1.01 times more volatile than Gemini Bitcoin USD. It trades about -0.21 of its potential returns per unit of risk. Gemini Bitcoin USD is currently generating about -0.22 per unit of risk. If you would invest 821,510 in Kraken Bitcoin USD on May 18, 2018 and sell it today you would lose (171,600) from holding Kraken Bitcoin USD or give up 20.89% of portfolio value over 30 days.