This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and LiveCoin Litecoin USD. You can compare the effects of market volatilities on Bitstamp Ethereum and LiveCoin Litecoin 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 Litecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and LiveCoin Litecoin.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. LiveCoin Litecoin USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to generate 1.36 times more return on investment than LiveCoin Litecoin. However, Bitstamp Ethereum is 1.36 times more volatile than LiveCoin Litecoin USD. It trades about -0.1 of its potential returns per unit of risk. LiveCoin Litecoin USD is currently generating about -0.31 per unit of risk. If you would invest 56,169 in Bitstamp Ethereum USD on May 26, 2018 and sell it today you would lose (10,267) from holding Bitstamp Ethereum USD or give up 18.28% of portfolio value over 30 days.