This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and Bitfinex NEO USD. You can compare the effects of market volatilities on Bitstamp Ethereum and Bitfinex NEO 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 Ethereum with a short position of Bitfinex NEO. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and Bitfinex NEO.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. Bitfinex NEO USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to generate 1.02 times more return on investment than Bitfinex NEO. However, Bitstamp Ethereum is 1.02 times more volatile than Bitfinex NEO USD. It trades about -0.15 of its potential returns per unit of risk. Bitfinex NEO USD is currently generating about -0.26 per unit of risk. If you would invest 69,399 in Bitstamp Ethereum USD on May 20, 2018 and sell it today you would lose (17,042) from holding Bitstamp Ethereum USD or give up 24.56% of portfolio value over 30 days.