This module allows you to analyze existing cross correlation between Poloniex Ethereum USD and Bitstamp Ethereum USD. You can compare the effects of market volatilities on Poloniex Ethereum and Bitstamp 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 Poloniex Ethereum with a short position of Bitstamp Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Poloniex Ethereum and Bitstamp Ethereum.
|Time Horizon||30 Days Login to change|
Poloniex Ethereum USD vs. Bitstamp Ethereum USD
Assuming 30 trading days horizon, Poloniex Ethereum USD is expected to under-perform the Bitstamp Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Poloniex Ethereum USD is 1.04 times less risky than Bitstamp Ethereum. The crypto trades about -0.04 of its potential returns per unit of risk. The Bitstamp Ethereum USD is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 59,182 in Bitstamp Ethereum USD on May 22, 2018 and sell it today you would lose (4,980) from holding Bitstamp Ethereum USD or give up 8.41% of portfolio value over 30 days.