This module allows you to analyze existing cross correlation between Quoine Ethereum USD and Kraken Ethereum USD. You can compare the effects of market volatilities on Quoine Ethereum and Kraken 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 Quoine Ethereum with a short position of Kraken Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Quoine Ethereum and Kraken Ethereum.
|Time Horizon||30 Days Login to change|
Quoine Ethereum USD vs. Kraken Ethereum USD
Assuming 30 trading days horizon, Quoine Ethereum USD is expected to generate 0.95 times more return on investment than Kraken Ethereum. However, Quoine Ethereum USD is 1.05 times less risky than Kraken Ethereum. It trades about -0.04 of its potential returns per unit of risk. Kraken Ethereum USD is currently generating about -0.04 per unit of risk. If you would invest 58,851 in Quoine Ethereum USD on May 22, 2018 and sell it today you would lose (4,611) from holding Quoine Ethereum USD or give up 7.84% of portfolio value over 30 days.