This module allows you to analyze existing cross correlation between Kraken Ethereum USD and LiveCoin Ethereum USD. You can compare the effects of market volatilities on Kraken Ethereum and LiveCoin 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 LiveCoin Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Ethereum and LiveCoin Ethereum.
|Time Horizon||30 Days Login to change|
Kraken Ethereum USD vs. LiveCoin Ethereum USD
Assuming 30 trading days horizon, Kraken Ethereum USD is expected to generate 1.24 times more return on investment than LiveCoin Ethereum. However, Kraken Ethereum is 1.24 times more volatile than LiveCoin Ethereum USD. It trades about -0.11 of its potential returns per unit of risk. LiveCoin Ethereum USD is currently generating about -0.16 per unit of risk. If you would invest 58,504 in Kraken Ethereum USD on May 23, 2018 and sell it today you would lose (10,783) from holding Kraken Ethereum USD or give up 18.43% of portfolio value over 30 days.