This module allows you to analyze existing cross correlation between TrustDEX Bitcoin USD and Bitstamp Bitcoin USD. You can compare the effects of market volatilities on TrustDEX Bitcoin and Bitstamp 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 TrustDEX Bitcoin with a short position of Bitstamp Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of TrustDEX Bitcoin and Bitstamp Bitcoin.
|Time Horizon||30 Days Login to change|
TrustDEX Bitcoin USD vs. Bitstamp Bitcoin USD
Assuming 30 trading days horizon, TrustDEX Bitcoin USD is expected to generate 1.02 times more return on investment than Bitstamp Bitcoin. However, TrustDEX Bitcoin is 1.02 times more volatile than Bitstamp Bitcoin USD. It trades about -0.2 of its potential returns per unit of risk. Bitstamp Bitcoin USD is currently generating about -0.21 per unit of risk. If you would invest 901,670 in TrustDEX Bitcoin USD on May 18, 2018 and sell it today you would lose (185,790) from holding TrustDEX Bitcoin USD or give up 20.61% of portfolio value over 30 days.