This module allows you to analyze existing cross correlation between Coinbase Ethereum USD and Poloniex Ethereum USD. You can compare the effects of market volatilities on Coinbase Ethereum and Poloniex 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 Coinbase Ethereum with a short position of Poloniex Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinbase Ethereum and Poloniex Ethereum.
|Time Horizon||30 Days Login to change|
Coinbase Ethereum USD vs. Poloniex Ethereum USD
Assuming 30 trading days horizon, Coinbase Ethereum USD is expected to under-perform the Poloniex Ethereum. In addition to that, Coinbase Ethereum is 1.01 times more volatile than Poloniex Ethereum USD. It trades about -0.05 of its total potential returns per unit of risk. Poloniex Ethereum USD is currently generating about -0.04 per unit of volatility. If you would invest 59,175 in Poloniex Ethereum USD on May 22, 2018 and sell it today you would lose (5,534) from holding Poloniex Ethereum USD or give up 9.35% of portfolio value over 30 days.