This module allows you to analyze existing cross correlation between BitTrex Ethereum USD and Coinbase Ethereum USD. You can compare the effects of market volatilities on BitTrex Ethereum and Coinbase Ethereum 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 Ethereum with a short position of Coinbase Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of BitTrex Ethereum and Coinbase Ethereum.
|Time Horizon||30 Days Login to change|
BitTrex Ethereum USD vs. Coinbase Ethereum USD
Assuming 30 trading days horizon, BitTrex Ethereum USD is expected to generate 1.02 times more return on investment than Coinbase Ethereum. However, BitTrex Ethereum is 1.02 times more volatile than Coinbase Ethereum USD. It trades about -0.21 of its potential returns per unit of risk. Coinbase Ethereum USD is currently generating about -0.22 per unit of risk. If you would invest 72,211 in BitTrex Ethereum USD on May 19, 2018 and sell it today you would lose (22,910) from holding BitTrex Ethereum USD or give up 31.73% of portfolio value over 30 days.