This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and Poloniex Monero USD. You can compare the effects of market volatilities on Bitstamp Ethereum and Poloniex Monero 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 Poloniex Monero. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and Poloniex Monero.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. Poloniex Monero USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to generate 0.97 times more return on investment than Poloniex Monero. However, Bitstamp Ethereum USD is 1.03 times less risky than Poloniex Monero. It trades about -0.12 of its potential returns per unit of risk. Poloniex Monero USD is currently generating about -0.22 per unit of risk. If you would invest 65,202 in Bitstamp Ethereum USD on May 21, 2018 and sell it today you would lose (13,120) from holding Bitstamp Ethereum USD or give up 20.12% of portfolio value over 30 days.