This module allows you to analyze existing cross correlation between Kraken Ethereum USD and Coinbase Ethereum USD. You can compare the effects of market volatilities on Kraken Ethereum and Coinbase 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 Kraken Ethereum with a short position of Coinbase Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Ethereum and Coinbase Ethereum.
|Time Horizon||30 Days Login to change|
Kraken Ethereum USD vs. Coinbase Ethereum USD
Assuming 30 trading days horizon, Kraken Ethereum USD is expected to generate 1.01 times more return on investment than Coinbase Ethereum. However, Kraken Ethereum is 1.01 times more volatile than Coinbase Ethereum USD. It trades about -0.1 of its potential returns per unit of risk. Coinbase Ethereum USD is currently generating about -0.11 per unit of risk. If you would invest 64,866 in Kraken Ethereum USD on May 21, 2018 and sell it today you would lose (11,406) from holding Kraken Ethereum USD or give up 17.58% of portfolio value over 30 days.