This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and Yobit Bitcloud USD. You can compare the effects of market volatilities on Bitstamp Ethereum and Yobit Bitcloud 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 Yobit Bitcloud. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and Yobit Bitcloud.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. Yobit Bitcloud USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to under-perform the Yobit Bitcloud. But the crypto apears to be less risky and, when comparing its historical volatility, Bitstamp Ethereum USD is 1.14 times less risky than Yobit Bitcloud. The crypto trades about -0.14 of its potential returns per unit of risk. The Yobit Bitcloud USD is currently generating about -0.03 of returns per unit of risk over similar time horizon. If you would invest 2.00 in Yobit Bitcloud USD on May 25, 2018 and sell it today you would lose (0.20) from holding Yobit Bitcloud USD or give up 10.04% of portfolio value over 30 days.