Yobit Dogecoin USD vs. Poloniex Augur USD
Assuming 30 trading days horizon, Yobit Dogecoin USD is expected to under-perform the Poloniex Augur. But the crypto apears to be less risky and, when comparing its historical volatility, Yobit Dogecoin USD is 1.32 times less risky than Poloniex Augur. The crypto trades about -0.21 of its potential returns per unit of risk. The Poloniex Augur USD is currently generating about -0.12 of returns per unit of risk over similar time horizon. If you would invest 4,531 in Poloniex Augur USD on May 21, 2018 and sell it today you would lose (998.00) from holding Poloniex Augur USD or give up 22.03% of portfolio value over 30 days.
Pair Corralation between Yobit Dogecoin and Poloniex Augur
|Time Period||1 Month [change]|
Overlapping area represents the amount of risk that can be diversified away by holding Yobit Dogecoin USD and Poloniex Augur USD in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Poloniex Augur USD and Yobit Dogecoin is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Yobit Dogecoin USD are associated (or correlated) with Poloniex Augur. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Poloniex Augur USD has no effect on the direction of Yobit Dogecoin i.e. Yobit Dogecoin and Poloniex Augur go up and down completely randomly.
Over the last 30 days Yobit Dogecoin USD has generated negative risk-adjusted returns adding no value to investors with long positions.
Over the last 30 days Poloniex Augur USD has generated negative risk-adjusted returns adding no value to investors with long positions.
|IT, Search Cloud And Integrated IT Services|
|Business Address||1600 Amphitheatre Parkway|
Alphabet cannot be verified against its exchange. It appears that Alphabet is not available for investing at this time. Please verify the symbol is currently traded on NASDAQ. If you still believe the symbol you are trying to look up is valid please let us know
and we will check it as soon as possible.
Try Other Suggestions
|GTVJX||Goldman Sachs Target Date 2030||Fund|
|GTVMX||Goldman Sachs Target Date 2040||Fund|
|GTVOX||Goldman Sachs Target Date 2035||Fund|
|GTVSX||Goldman Sachs Target Date 2050||Fund|
|FPPXX||Government Obligations Fund Cl||Fund|
|ELKMF||Gold Road Resources Limited||Stock|
|GCGAX||Goldman Sachs Concentrated Gro||Fund|