This module allows you to analyze existing cross correlation between Coinroom Bitcoin USD and Poloniex Bitcoin USD. You can compare the effects of market volatilities on Coinroom Bitcoin and Poloniex Bitcoin 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 Coinroom Bitcoin with a short position of Poloniex Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Coinroom Bitcoin and Poloniex Bitcoin.
|Time Horizon||30 Days Login to change|
Coinroom Bitcoin USD vs. Poloniex Bitcoin USD
Assuming 30 trading days horizon, Coinroom Bitcoin USD is expected to generate 1.06 times more return on investment than Poloniex Bitcoin. However, Coinroom Bitcoin is 1.06 times more volatile than Poloniex Bitcoin USD. It trades about -0.23 of its potential returns per unit of risk. Poloniex Bitcoin USD is currently generating about -0.27 per unit of risk. If you would invest 840,167 in Coinroom Bitcoin USD on May 19, 2018 and sell it today you would lose (191,684) from holding Coinroom Bitcoin USD or give up 22.81% of portfolio value over 30 days.