This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and Bitfinex SingularDTV USD. You can compare the effects of market volatilities on Bitstamp Ethereum and Bitfinex SingularDTV 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 SingularDTV. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and Bitfinex SingularDTV.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. Bitfinex SingularDTV USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to generate 0.68 times more return on investment than Bitfinex SingularDTV. However, Bitstamp Ethereum USD is 1.48 times less risky than Bitfinex SingularDTV. It trades about -0.06 of its potential returns per unit of risk. Bitfinex SingularDTV USD is currently generating about -0.11 per unit of risk. If you would invest 59,182 in Bitstamp Ethereum USD on May 22, 2018 and sell it today you would lose (6,644) from holding Bitstamp Ethereum USD or give up 11.23% of portfolio value over 30 days.