This module allows you to analyze existing cross correlation between CCEX Dogecoin USD and Bitfinex ZCash USD. You can compare the effects of market volatilities on CCEX Dogecoin and Bitfinex ZCash 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 Dogecoin with a short position of Bitfinex ZCash. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Dogecoin and Bitfinex ZCash.
|Time Horizon||30 Days Login to change|
CCEX Dogecoin USD vs. Bitfinex ZCash USD
Assuming 30 trading days horizon, CCEX Dogecoin USD is expected to generate 1.17 times more return on investment than Bitfinex ZCash. However, CCEX Dogecoin is 1.17 times more volatile than Bitfinex ZCash USD. It trades about -0.2 of its potential returns per unit of risk. Bitfinex ZCash USD is currently generating about -0.29 per unit of risk. If you would invest 0.39 in CCEX Dogecoin USD on May 25, 2018 and sell it today you would lose (0.15) from holding CCEX Dogecoin USD or give up 38.29% of portfolio value over 30 days.