This module allows you to analyze existing cross correlation between BitTrex Bitcoin USD and Bitstamp Bitcoin USD. You can compare the effects of market volatilities on BitTrex Bitcoin and Bitstamp Bitcoin 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 BitTrex Bitcoin with a short position of Bitstamp Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of BitTrex Bitcoin and Bitstamp Bitcoin.
|Time Horizon||30 Days Login to change|
BitTrex Bitcoin USD vs. Bitstamp Bitcoin USD
Assuming 30 trading days horizon, BitTrex Bitcoin USD is expected to under-perform the Bitstamp Bitcoin. In addition to that, BitTrex Bitcoin is 1.03 times more volatile than Bitstamp Bitcoin USD. It trades about -0.22 of its total potential returns per unit of risk. Bitstamp Bitcoin USD is currently generating about -0.21 per unit of volatility. If you would invest 820,992 in Bitstamp Bitcoin USD on May 18, 2018 and sell it today you would lose (169,966) from holding Bitstamp Bitcoin USD or give up 20.7% of portfolio value over 30 days.