This module allows you to analyze existing cross correlation between TrustDEX Bitcoin USD and Poloniex Bitcoin USD. You can compare the effects of market volatilities on TrustDEX Bitcoin and Poloniex 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 Poloniex Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of TrustDEX Bitcoin and Poloniex Bitcoin.
|Time Horizon||30 Days Login to change|
TrustDEX Bitcoin USD vs. Poloniex Bitcoin USD
Assuming 30 trading days horizon, TrustDEX Bitcoin USD is expected to under-perform the Poloniex Bitcoin. In addition to that, TrustDEX Bitcoin is 1.03 times more volatile than Poloniex Bitcoin USD. It trades about -0.19 of its total potential returns per unit of risk. Poloniex Bitcoin USD is currently generating about -0.19 per unit of volatility. If you would invest 839,931 in Poloniex Bitcoin USD on May 20, 2018 and sell it today you would lose (159,131) from holding Poloniex Bitcoin USD or give up 18.95% of portfolio value over 30 days.