This module allows you to analyze existing cross correlation between CCEX Dogecoin USD and LiveCoin Litecoin USD. You can compare the effects of market volatilities on CCEX Dogecoin 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 Dogecoin with a short position of LiveCoin Litecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Dogecoin and LiveCoin Litecoin.
|Time Horizon||30 Days Login to change|
CCEX Dogecoin USD vs. LiveCoin Litecoin USD
Assuming 30 trading days horizon, CCEX Dogecoin USD is expected to under-perform the LiveCoin Litecoin. In addition to that, CCEX Dogecoin is 1.88 times more volatile than LiveCoin Litecoin USD. It trades about -0.2 of its total potential returns per unit of risk. LiveCoin Litecoin USD is currently generating about -0.25 per unit of volatility. If you would invest 13,971 in LiveCoin Litecoin USD on May 20, 2018 and sell it today you would lose (3,858) from holding LiveCoin Litecoin USD or give up 27.61% of portfolio value over 30 days.