This module allows you to analyze existing cross correlation between Bitfinex Bitcoin USD and Poloniex Bitcoin USD. You can compare the effects of market volatilities on Bitfinex Bitcoin and Poloniex Bitcoin 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 Bitfinex Bitcoin with a short position of Poloniex Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Bitcoin and Poloniex Bitcoin.
|Time Horizon||30 Days Login to change|
Bitfinex Bitcoin USD vs. Poloniex Bitcoin USD
Assuming 30 trading days horizon, Bitfinex Bitcoin USD is expected to under-perform the Poloniex Bitcoin. But the crypto apears to be less risky and, when comparing its historical volatility, Bitfinex Bitcoin USD is 1.04 times less risky than Poloniex Bitcoin. The crypto trades about -0.15 of its potential returns per unit of risk. The Poloniex Bitcoin USD is currently generating about -0.15 of returns per unit of risk over similar time horizon. If you would invest 743,100 in Poloniex Bitcoin USD on May 24, 2018 and sell it today you would lose (129,624) from holding Poloniex Bitcoin USD or give up 17.44% of portfolio value over 30 days.