This module allows you to analyze existing cross correlation between LiveCoin Bitcoin USD and Bitfinex Bitcoin USD. You can compare the effects of market volatilities on LiveCoin Bitcoin and Bitfinex 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 LiveCoin Bitcoin with a short position of Bitfinex Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Bitcoin and Bitfinex Bitcoin.
|Time Horizon||30 Days Login to change|
LiveCoin Bitcoin USD vs. Bitfinex Bitcoin USD
Assuming 30 trading days horizon, LiveCoin Bitcoin USD is expected to generate 0.86 times more return on investment than Bitfinex Bitcoin. However, LiveCoin Bitcoin USD is 1.16 times less risky than Bitfinex Bitcoin. It trades about -0.23 of its potential returns per unit of risk. Bitfinex Bitcoin USD is currently generating about -0.2 per unit of risk. If you would invest 870,484 in LiveCoin Bitcoin USD on May 20, 2018 and sell it today you would lose (165,382) from holding LiveCoin Bitcoin USD or give up 19.0% of portfolio value over 30 days.