This module allows you to analyze existing cross correlation between CCEX CryptoCarbon USD and Coinbase Bitcoin USD. You can compare the effects of market volatilities on CCEX CryptoCarbon and Coinbase 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 CCEX CryptoCarbon with a short position of Coinbase Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX CryptoCarbon and Coinbase Bitcoin.
|Time Horizon||30 Days Login to change|
CCEX CryptoCarbon USD vs. Coinbase Bitcoin USD
Assuming 30 trading days horizon, CCEX CryptoCarbon USD is expected to generate 7.42 times more return on investment than Coinbase Bitcoin. However, CCEX CryptoCarbon is 7.42 times more volatile than Coinbase Bitcoin USD. It trades about 0.05 of its potential returns per unit of risk. Coinbase Bitcoin USD is currently generating about -0.11 per unit of risk. If you would invest 11.00 in CCEX CryptoCarbon USD on May 22, 2018 and sell it today you would lose (4.34) from holding CCEX CryptoCarbon USD or give up 39.44% of portfolio value over 30 days.