This module allows you to analyze existing cross correlation between Bitstamp Ethereum USD and Yobit Waves USD. You can compare the effects of market volatilities on Bitstamp Ethereum and Yobit Waves 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 Waves. See also your portfolio center. Please also check ongoing floating volatility patterns of Bitstamp Ethereum and Yobit Waves.
|Time Horizon||30 Days Login to change|
Bitstamp Ethereum USD vs. Yobit Waves USD
Assuming 30 trading days horizon, Bitstamp Ethereum USD is expected to generate 1.07 times more return on investment than Yobit Waves. However, Bitstamp Ethereum is 1.07 times more volatile than Yobit Waves USD. It trades about -0.1 of its potential returns per unit of risk. Yobit Waves USD is currently generating about -0.24 per unit of risk. If you would invest 58,433 in Bitstamp Ethereum USD on May 24, 2018 and sell it today you would lose (11,156) from holding Bitstamp Ethereum USD or give up 19.09% of portfolio value over 30 days.