This module allows you to analyze existing cross correlation between LiveCoin Ethereum USD and Coinbase Ethereum USD. You can compare the effects of market volatilities on LiveCoin 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 LiveCoin Ethereum with a short position of Coinbase Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Ethereum and Coinbase Ethereum.
|Time Horizon||30 Days Login to change|
LiveCoin Ethereum USD vs. Coinbase Ethereum USD
Assuming 30 trading days horizon, LiveCoin Ethereum USD is expected to generate 0.89 times more return on investment than Coinbase Ethereum. However, LiveCoin Ethereum USD is 1.12 times less risky than Coinbase Ethereum. It trades about -0.18 of its potential returns per unit of risk. Coinbase Ethereum USD is currently generating about -0.17 per unit of risk. If you would invest 72,000 in LiveCoin Ethereum USD on May 20, 2018 and sell it today you would lose (18,520) from holding LiveCoin Ethereum USD or give up 25.72% of portfolio value over 30 days.