This module allows you to analyze existing cross correlation between Yobit Ethereum USD and LiveCoin Ethereum USD. You can compare the effects of market volatilities on Yobit Ethereum and LiveCoin 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 LiveCoin Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Ethereum and LiveCoin Ethereum.
|Time Horizon||30 Days Login to change|
Yobit Ethereum USD vs. LiveCoin Ethereum USD
Assuming 30 trading days horizon, Yobit Ethereum USD is expected to under-perform the LiveCoin Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Yobit Ethereum USD is 1.1 times less risky than LiveCoin Ethereum. The crypto trades about -0.25 of its potential returns per unit of risk. The LiveCoin Ethereum USD is currently generating about -0.21 of returns per unit of risk over similar time horizon. If you would invest 72,000 in LiveCoin Ethereum USD on May 18, 2018 and sell it today you would lose (20,337) from holding LiveCoin Ethereum USD or give up 28.25% of portfolio value over 30 days.