This module allows you to analyze existing cross correlation between Kraken Bitcoin USD and LiveCoin Bitcoin USD. You can compare the effects of market volatilities on Kraken Bitcoin and LiveCoin 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 LiveCoin Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Bitcoin and LiveCoin Bitcoin.
|Time Horizon||30 Days Login to change|
Kraken Bitcoin USD vs. LiveCoin Bitcoin USD
Assuming 30 trading days horizon, Kraken Bitcoin USD is expected to under-perform the LiveCoin Bitcoin. In addition to that, Kraken Bitcoin is 1.18 times more volatile than LiveCoin Bitcoin USD. It trades about -0.27 of its total potential returns per unit of risk. LiveCoin Bitcoin USD is currently generating about -0.28 per unit of volatility. If you would invest 854,630 in LiveCoin Bitcoin USD on May 19, 2018 and sell it today you would lose (186,930) from holding LiveCoin Bitcoin USD or give up 21.87% of portfolio value over 30 days.