This module allows you to analyze existing cross correlation between Bitstamp Bitcoin USD and TrustDEX Bitcoin USD. You can compare the effects of market volatilities on Bitstamp Bitcoin and TrustDEX 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 TrustDEX Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Bitcoin and TrustDEX Bitcoin.
|Time Horizon||30 Days Login to change|
Bitstamp Bitcoin USD vs. TrustDEX Bitcoin USD
Assuming 30 trading days horizon, Bitstamp Bitcoin USD is expected to generate 1.02 times more return on investment than TrustDEX Bitcoin. However, Bitstamp Bitcoin is 1.02 times more volatile than TrustDEX Bitcoin USD. It trades about -0.14 of its potential returns per unit of risk. TrustDEX Bitcoin USD is currently generating about -0.15 per unit of risk. If you would invest 731,730 in Bitstamp Bitcoin USD on May 26, 2018 and sell it today you would lose (117,783) from holding Bitstamp Bitcoin USD or give up 16.1% of portfolio value over 30 days.