This module allows you to analyze existing cross correlation between Coinbase Bitcoin USD and Poloniex Stellar USD. You can compare the effects of market volatilities on Coinbase Bitcoin and Poloniex Stellar 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 Coinbase Bitcoin with a short position of Poloniex Stellar. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinbase Bitcoin and Poloniex Stellar.
|Time Horizon||30 Days Login to change|
Coinbase Bitcoin USD vs. Poloniex Stellar USD
Assuming 30 trading days horizon, Coinbase Bitcoin USD is expected to generate 0.65 times more return on investment than Poloniex Stellar. However, Coinbase Bitcoin USD is 1.53 times less risky than Poloniex Stellar. It trades about -0.22 of its potential returns per unit of risk. Poloniex Stellar USD is currently generating about -0.18 per unit of risk. If you would invest 825,809 in Coinbase Bitcoin USD on May 18, 2018 and sell it today you would lose (176,809) from holding Coinbase Bitcoin USD or give up 21.41% of portfolio value over 30 days.