This module allows you to analyze existing cross correlation between Yobit SpaceCoin USD and Cexio Ethereum USD. You can compare the effects of market volatilities on Yobit SpaceCoin 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 SpaceCoin with a short position of Cexio Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit SpaceCoin and Cexio Ethereum.
|Time Horizon||30 Days Login to change|
Yobit SpaceCoin USD vs. Cexio Ethereum USD
Assuming 30 trading days horizon, Yobit SpaceCoin USD is expected to generate 6.75 times more return on investment than Cexio Ethereum. However, Yobit SpaceCoin is 6.75 times more volatile than Cexio Ethereum USD. It trades about 0.12 of its potential returns per unit of risk. Cexio Ethereum USD is currently generating about -0.15 per unit of risk. If you would invest 0.46 in Yobit SpaceCoin USD on May 20, 2018 and sell it today you would lose (0.01) from holding Yobit SpaceCoin USD or give up 2.34% of portfolio value over 30 days.