This module allows you to analyze existing cross correlation between Yobit CometCoin USD and Poloniex Stellar USD. You can compare the effects of market volatilities on Yobit CometCoin and Poloniex Stellar 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 Yobit CometCoin with a short position of Poloniex Stellar. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit CometCoin and Poloniex Stellar.
|Time Horizon||30 Days Login to change|
Yobit CometCoin USD vs. Poloniex Stellar USD
Assuming 30 trading days horizon, Yobit CometCoin USD is expected to generate 6.94 times more return on investment than Poloniex Stellar. However, Yobit CometCoin is 6.94 times more volatile than Poloniex Stellar USD. It trades about 0.08 of its potential returns per unit of risk. Poloniex Stellar USD is currently generating about -0.18 per unit of risk. If you would invest 7.06 in Yobit CometCoin USD on May 26, 2018 and sell it today you would lose (2.29) from holding Yobit CometCoin USD or give up 32.39% of portfolio value over 30 days.