This module allows you to analyze existing cross correlation between Kraken Bitcoin USD and Bitfinex Bitcoin USD. You can compare the effects of market volatilities on Kraken Bitcoin and Bitfinex 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 Kraken Bitcoin with a short position of Bitfinex Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Bitcoin and Bitfinex Bitcoin.
|Time Horizon||30 Days Login to change|
Kraken Bitcoin USD vs. Bitfinex Bitcoin USD
Assuming 30 trading days horizon, Kraken Bitcoin USD is expected to under-perform the Bitfinex Bitcoin. In addition to that, Kraken Bitcoin is 1.01 times more volatile than Bitfinex Bitcoin USD. It trades about -0.2 of its total potential returns per unit of risk. Bitfinex Bitcoin USD is currently generating about -0.2 per unit of volatility. If you would invest 837,630 in Bitfinex Bitcoin USD on May 20, 2018 and sell it today you would lose (165,650) from holding Bitfinex Bitcoin USD or give up 19.78% of portfolio value over 30 days.