This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and LiveCoin Emercoin USD. You can compare the effects of market volatilities on Bitstamp Ethereum and LiveCoin Emercoin 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 Emercoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and LiveCoin Emercoin.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. LiveCoin Emercoin USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to under-perform the LiveCoin Emercoin. In addition to that, Bitstamp Ethereum is 1.37 times more volatile than LiveCoin Emercoin USD. It trades about -0.06 of its total potential returns per unit of risk. LiveCoin Emercoin USD is currently generating about 0.03 per unit of volatility. If you would invest 277.00 in LiveCoin Emercoin USD on May 23, 2018 and sell it today you would earn a total of 5.00 from holding LiveCoin Emercoin USD or generate 1.81% return on investment over 30 days.