This module allows you to analyze existing cross correlation between Kraken Monero USD and BitTrex Ethereum Classic USD. You can compare the effects of market volatilities on Kraken Monero and BitTrex 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 Monero with a short position of BitTrex Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Monero and BitTrex Ethereum.
|Time Horizon||30 Days Login to change|
Kraken Monero USD vs. BitTrex Ethereum Classic USD
Assuming 30 trading days horizon, Kraken Monero USD is expected to under-perform the BitTrex Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Kraken Monero USD is 1.62 times less risky than BitTrex Ethereum. The crypto trades about -0.3 of its potential returns per unit of risk. The BitTrex Ethereum Classic USD is currently generating about -0.03 of returns per unit of risk over similar time horizon. If you would invest 1,762 in BitTrex Ethereum Classic USD on May 20, 2018 and sell it today you would lose (227.00) from holding BitTrex Ethereum Classic USD or give up 12.88% of portfolio value over 30 days.