This module allows you to analyze existing cross correlation between CCEX Asiadigicoin USD and LiveCoin Litecoin USD. You can compare the effects of market volatilities on CCEX Asiadigicoin and LiveCoin Litecoin 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 CCEX Asiadigicoin with a short position of LiveCoin Litecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Asiadigicoin and LiveCoin Litecoin.
|Time Horizon||30 Days Login to change|
CCEX Asiadigicoin USD vs. LiveCoin Litecoin USD
Assuming 30 trading days horizon, CCEX Asiadigicoin USD is expected to under-perform the LiveCoin Litecoin. In addition to that, CCEX Asiadigicoin is 3.36 times more volatile than LiveCoin Litecoin USD. It trades about -0.1 of its total potential returns per unit of risk. LiveCoin Litecoin USD is currently generating about -0.26 per unit of volatility. If you would invest 13,055 in LiveCoin Litecoin USD on May 23, 2018 and sell it today you would lose (3,472) from holding LiveCoin Litecoin USD or give up 26.6% of portfolio value over 30 days.