This module allows you to analyze existing cross correlation between Bitstamp Bitcoin USD and Bitfinex Bitcoin USD. You can compare the effects of market volatilities on Bitstamp Bitcoin and Bitfinex 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 Bitstamp Bitcoin with a short position of Bitfinex Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Bitcoin and Bitfinex Bitcoin.
|Time Horizon||30 Days Login to change|
Bitstamp Bitcoin USD vs. Bitfinex Bitcoin USD
Assuming 30 trading days horizon, Bitstamp Bitcoin USD is expected to generate 1.03 times more return on investment than Bitfinex Bitcoin. However, Bitstamp Bitcoin is 1.03 times more volatile than Bitfinex Bitcoin USD. It trades about -0.15 of its potential returns per unit of risk. Bitfinex Bitcoin USD is currently generating about -0.15 per unit of risk. If you would invest 741,882 in Bitstamp Bitcoin USD on May 24, 2018 and sell it today you would lose (128,669) from holding Bitstamp Bitcoin USD or give up 17.34% of portfolio value over 30 days.