This module allows you to analyze existing cross correlation between Yobit Reddcoin USD and Cexio Ethereum USD. You can compare the effects of market volatilities on Yobit Reddcoin and Cexio 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 Reddcoin with a short position of Cexio Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Reddcoin and Cexio Ethereum.
|Time Horizon||30 Days Login to change|
Yobit Reddcoin USD vs. Cexio Ethereum USD
Assuming 30 trading days horizon, Yobit Reddcoin USD is expected to under-perform the Cexio Ethereum. In addition to that, Yobit Reddcoin is 1.21 times more volatile than Cexio Ethereum USD. It trades about -0.1 of its total potential returns per unit of risk. Cexio Ethereum USD is currently generating about -0.11 per unit of volatility. If you would invest 59,219 in Cexio Ethereum USD on May 24, 2018 and sell it today you would lose (11,359) from holding Cexio Ethereum USD or give up 19.18% of portfolio value over 30 days.