This module allows you to analyze existing cross correlation between CCEX Dogecoin USD and Yobit Universal Currency USD. You can compare the effects of market volatilities on CCEX Dogecoin and Yobit Universal 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 Universal. See also your portfolio center. Please also check ongoing floating volatility patterns of CCEX Dogecoin and Yobit Universal.
|Time Horizon||30 Days Login to change|
CCEX Dogecoin USD vs. Yobit Universal Currency USD
Assuming 30 trading days horizon, CCEX Dogecoin USD is expected to under-perform the Yobit Universal. In addition to that, CCEX Dogecoin is 1.05 times more volatile than Yobit Universal Currency USD. It trades about -0.22 of its total potential returns per unit of risk. Yobit Universal Currency USD is currently generating about -0.21 per unit of volatility. If you would invest 37.89 in Yobit Universal Currency USD on May 19, 2018 and sell it today you would lose (14.95) from holding Yobit Universal Currency USD or give up 39.46% of portfolio value over 30 days.