This module allows you to analyze existing cross correlation between Bitfinex Recovery Right Tokens USD and BitTrex Ethereum Classic USD. You can compare the effects of market volatilities on Bitfinex Recovery and BitTrex 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 Bitfinex Recovery with a short position of BitTrex Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitfinex Recovery and BitTrex Ethereum.
|Time Horizon||30 Days Login to change|
Bitfinex Recovery Right Tokens vs. BitTrex Ethereum Classic USD
Assuming 30 trading days horizon, Bitfinex Recovery Right Tokens USD is expected to under-perform the BitTrex Ethereum. But the crypto apears to be less risky and, when comparing its historical volatility, Bitfinex Recovery Right Tokens USD is 1.21 times less risky than BitTrex Ethereum. The crypto trades about -0.23 of its potential returns per unit of risk. The BitTrex Ethereum Classic USD is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest 1,496 in BitTrex Ethereum Classic USD on May 26, 2018 and sell it today you would earn a total of 39.00 from holding BitTrex Ethereum Classic USD or generate 2.61% return on investment over 30 days.