This module allows you to analyze existing cross correlation between CCEX Dogecoin USD and Kraken Augur USD. You can compare the effects of market volatilities on CCEX Dogecoin and Kraken Augur 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 Kraken Augur. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Dogecoin and Kraken Augur.
|Time Horizon||30 Days Login to change|
CCEX Dogecoin USD vs. Kraken Augur USD
Assuming 30 trading days horizon, CCEX Dogecoin USD is expected to under-perform the Kraken Augur. In addition to that, CCEX Dogecoin is 1.15 times more volatile than Kraken Augur USD. It trades about -0.22 of its total potential returns per unit of risk. Kraken Augur USD is currently generating about -0.22 per unit of volatility. If you would invest 5,382 in Kraken Augur USD on May 19, 2018 and sell it today you would lose (2,014) from holding Kraken Augur USD or give up 37.42% of portfolio value over 30 days.