This module allows you to analyze existing cross correlation between CCEX CryptoCarbon USD and LiveCoin BlueCoin USD. You can compare the effects of market volatilities on CCEX CryptoCarbon and LiveCoin BlueCoin 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 LiveCoin BlueCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX CryptoCarbon and LiveCoin BlueCoin.
|Time Horizon||30 Days Login to change|
CCEX CryptoCarbon USD vs. LiveCoin BlueCoin USD
Assuming 30 trading days horizon, CCEX CryptoCarbon USD is expected to generate 1.47 times more return on investment than LiveCoin BlueCoin. However, CCEX CryptoCarbon is 1.47 times more volatile than LiveCoin BlueCoin USD. It trades about 0.02 of its potential returns per unit of risk. LiveCoin BlueCoin USD is currently generating about -0.08 per unit of risk. If you would invest 12.40 in CCEX CryptoCarbon USD on May 26, 2018 and sell it today you would lose (6.16) from holding CCEX CryptoCarbon USD or give up 49.72% of portfolio value over 30 days.