This module allows you to analyze existing cross correlation between CCEX Dogecoin USD and Yobit Iconic USD. You can compare the effects of market volatilities on CCEX Dogecoin and Yobit Iconic 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 Iconic. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Dogecoin and Yobit Iconic.
|Time Horizon||30 Days Login to change|
CCEX Dogecoin USD vs. Yobit Iconic USD
Assuming 30 trading days horizon, CCEX Dogecoin USD is expected to under-perform the Yobit Iconic. But the crypto apears to be less risky and, when comparing its historical volatility, CCEX Dogecoin USD is 3.79 times less risky than Yobit Iconic. The crypto trades about -0.15 of its potential returns per unit of risk. The Yobit Iconic USD is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest 5.85 in Yobit Iconic USD on May 24, 2018 and sell it today you would lose (1.25) from holding Yobit Iconic USD or give up 21.41% of portfolio value over 30 days.