This module allows you to analyze existing cross correlation between Gatecoin Litecoin USD and Yobit MaxCoin USD. You can compare the effects of market volatilities on Gatecoin Litecoin and Yobit MaxCoin 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 Gatecoin Litecoin with a short position of Yobit MaxCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Gatecoin Litecoin and Yobit MaxCoin.
|Time Horizon||30 Days Login to change|
Gatecoin Litecoin USD vs. Yobit MaxCoin USD
Assuming 30 trading days horizon, Gatecoin Litecoin USD is expected to under-perform the Yobit MaxCoin. But the crypto apears to be less risky and, when comparing its historical volatility, Gatecoin Litecoin USD is 2.32 times less risky than Yobit MaxCoin. The crypto trades about -0.12 of its potential returns per unit of risk. The Yobit MaxCoin USD is currently generating about 0.04 of returns per unit of risk over similar time horizon. If you would invest 6.80 in Yobit MaxCoin USD on May 21, 2018 and sell it today you would lose (0.79) from holding Yobit MaxCoin USD or give up 11.66% of portfolio value over 30 days.