This module allows you to analyze existing cross correlation between CCEX Dogecoin USD and Yobit Ethereum Classic USD. You can compare the effects of market volatilities on CCEX Dogecoin and Yobit Ethereum 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 Yobit Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Dogecoin and Yobit Ethereum.
|Time Horizon||30 Days Login to change|
CCEX Dogecoin USD vs. Yobit Ethereum Classic USD
Assuming 30 trading days horizon, CCEX Dogecoin USD is expected to under-perform the Yobit Ethereum. In addition to that, CCEX Dogecoin is 1.45 times more volatile than Yobit Ethereum Classic USD. It trades about -0.12 of its total potential returns per unit of risk. Yobit Ethereum Classic USD is currently generating about -0.06 per unit of volatility. If you would invest 1,761 in Yobit Ethereum Classic USD on May 21, 2018 and sell it today you would lose (199.00) from holding Yobit Ethereum Classic USD or give up 11.3% of portfolio value over 30 days.