Correlation Analysis Between LakeBTC Bitcoin and LiveCoin Bitcoin

This module allows you to analyze existing cross correlation between LakeBTC Bitcoin USD and LiveCoin Bitcoin USD. You can compare the effects of market volatilities on LakeBTC 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 LakeBTC Bitcoin with a short position of LiveCoin Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LakeBTC Bitcoin and LiveCoin Bitcoin.
Horizon     30 Days    Login   to change
Symbolsvs

LakeBTC Bitcoin USD  vs.  LiveCoin Bitcoin USD

LakeBTC

Bitcoin on LakeBTC in USD

 7,070 
68.65  0.98%
Market Cap: 3 B
  

LiveCoin

Bitcoin on LiveCoin in USD

 0.00 
0.00  0.00%
Market Cap: 19 B
 7,070 
100.00% Risk Free Arbitrage
All Coins Arbitrage Correlation
 Performance (%) 
      Timeline 

Pair Volatility

If you would invest  699,033  in LakeBTC Bitcoin USD on September 19, 2018 and sell it today you would earn a total of  1,094  from holding LakeBTC Bitcoin USD or generate 0.16% return on investment over 30 days.

Pair Corralation between LakeBTC Bitcoin and LiveCoin Bitcoin

0.0
Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy4.55%
ValuesDaily Returns

Diversification

Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding LakeBTC Bitcoin USD and LiveCoin Bitcoin USD in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on LiveCoin Bitcoin USD and LakeBTC Bitcoin is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on LakeBTC Bitcoin USD are associated (or correlated) with LiveCoin Bitcoin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of LiveCoin Bitcoin USD has no effect on the direction of LakeBTC Bitcoin i.e. LakeBTC Bitcoin and LiveCoin Bitcoin go up and down completely randomly.

Comparative Volatility

LakeBTC Bitcoin USD  
0 

Risk-Adjusted Performance

Over the last 30 days LakeBTC Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions.
LiveCoin Bitcoin USD  
0 

Risk-Adjusted Performance

Over the last 30 days LiveCoin Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions.

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