This module allows you to analyze existing cross correlation between Bitfinex Bitcoin USD and Quoine Bitcoin USD. You can compare the effects of market volatilities on Bitfinex Bitcoin and Quoine 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 Quoine Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Bitcoin and Quoine Bitcoin.
|Time Horizon||30 Days Login to change|
Bitfinex Bitcoin USD vs. Quoine Bitcoin USD
Assuming 30 trading days horizon, Bitfinex Bitcoin USD is expected to generate 0.99 times more return on investment than Quoine Bitcoin. However, Bitfinex Bitcoin USD is 1.01 times less risky than Quoine Bitcoin. It trades about -0.16 of its potential returns per unit of risk. Quoine Bitcoin USD is currently generating about -0.16 per unit of risk. If you would invest 743,360 in Bitfinex Bitcoin USD on May 24, 2018 and sell it today you would lose (131,530) from holding Bitfinex Bitcoin USD or give up 17.69% of portfolio value over 30 days.