This module allows you to analyze existing cross correlation between CCEX Dogecoin USD and Poloniex Monero USD. You can compare the effects of market volatilities on CCEX Dogecoin and Poloniex Monero 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 Poloniex Monero. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Dogecoin and Poloniex Monero.
|Time Horizon||30 Days Login to change|
CCEX Dogecoin USD vs. Poloniex Monero USD
Assuming 30 trading days horizon, CCEX Dogecoin USD is expected to generate 1.3 times more return on investment than Poloniex Monero. However, CCEX Dogecoin is 1.3 times more volatile than Poloniex Monero USD. It trades about -0.1 of its potential returns per unit of risk. Poloniex Monero USD is currently generating about -0.19 per unit of risk. If you would invest 0.36 in CCEX Dogecoin USD on May 22, 2018 and sell it today you would lose (0.09) from holding CCEX Dogecoin USD or give up 25.0% of portfolio value over 30 days.