This module allows you to analyze existing cross correlation between Yobit Ethereum USD and Gemini Ethereum USD. You can compare the effects of market volatilities on Yobit Ethereum and Gemini 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 Yobit Ethereum with a short position of Gemini Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Ethereum and Gemini Ethereum.
|Time Horizon||30 Days Login to change|
Yobit Ethereum USD vs. Gemini Ethereum USD
Assuming 30 trading days horizon, Yobit Ethereum USD is expected to under-perform the Gemini Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Yobit Ethereum USD is 1.17 times less risky than Gemini Ethereum. The crypto trades about -0.19 of its potential returns per unit of risk. The Gemini Ethereum USD is currently generating about -0.16 of returns per unit of risk over similar time horizon. If you would invest 69,570 in Gemini Ethereum USD on May 20, 2018 and sell it today you would lose (17,601) from holding Gemini Ethereum USD or give up 25.3% of portfolio value over 30 days.