This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and LiveCoin YoCoin USD. You can compare the effects of market volatilities on Bitstamp Ethereum and LiveCoin YoCoin 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 YoCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and LiveCoin YoCoin.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. LiveCoin YoCoin USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to under-perform the LiveCoin YoCoin. But the crypto apears to be less risky and, when comparing its historical volatility, Bitstamp Ethereum USD is 3.36 times less risky than LiveCoin YoCoin. The crypto trades about -0.11 of its potential returns per unit of risk. The LiveCoin YoCoin USD is currently generating about 0.28 of returns per unit of risk over similar time horizon. If you would invest 1.35 in LiveCoin YoCoin USD on May 26, 2018 and sell it today you would earn a total of 2.63 from holding LiveCoin YoCoin USD or generate 195.39% return on investment over 30 days.