This module allows you to analyze existing cross correlation between Gemini Bitcoin USD and TrustDEX Bitcoin USD. You can compare the effects of market volatilities on Gemini Bitcoin and TrustDEX 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 Gemini Bitcoin with a short position of TrustDEX Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Gemini Bitcoin and TrustDEX Bitcoin.
|Time Horizon||30 Days Login to change|
Gemini Bitcoin USD vs. TrustDEX Bitcoin USD
Assuming 30 trading days horizon, Gemini Bitcoin USD is expected to under-perform the TrustDEX Bitcoin. In addition to that, Gemini Bitcoin is 1.0 times more volatile than TrustDEX Bitcoin USD. It trades about -0.17 of its total potential returns per unit of risk. TrustDEX Bitcoin USD is currently generating about -0.17 per unit of volatility. If you would invest 814,769 in TrustDEX Bitcoin USD on May 24, 2018 and sell it today you would lose (151,493) from holding TrustDEX Bitcoin USD or give up 18.59% of portfolio value over 30 days.