This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and LiveCoin BlueCoin USD. You can compare the effects of market volatilities on Bitstamp Ethereum and LiveCoin BlueCoin 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 LiveCoin BlueCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and LiveCoin BlueCoin.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. LiveCoin BlueCoin USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to under-perform the LiveCoin BlueCoin. But the crypto apears to be less risky and, when comparing its historical volatility, Bitstamp Ethereum USD is 3.66 times less risky than LiveCoin BlueCoin. The crypto trades about -0.04 of its potential returns per unit of risk. The LiveCoin BlueCoin USD is currently generating about 0.04 of returns per unit of risk over similar time horizon. If you would invest 0.50 in LiveCoin BlueCoin USD on May 22, 2018 and sell it today you would lose (0.10) from holding LiveCoin BlueCoin USD or give up 19.84% of portfolio value over 30 days.