This module allows you to analyze existing cross correlation between Kraken Bitcoin USD and LakeBTC Bitcoin USD. You can compare the effects of market volatilities on Kraken Bitcoin and LakeBTC 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 LakeBTC Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Bitcoin and LakeBTC Bitcoin.
|Time Horizon||30 Days Login to change|
Kraken Bitcoin USD vs. LakeBTC Bitcoin USD
Assuming 30 trading days horizon, Kraken Bitcoin USD is expected to under-perform the LakeBTC Bitcoin. But the crypto apears to be less risky and, when comparing its historical volatility, Kraken Bitcoin USD is 1.1 times less risky than LakeBTC Bitcoin. The crypto trades about -0.18 of its potential returns per unit of risk. The LakeBTC Bitcoin USD is currently generating about -0.14 of returns per unit of risk over similar time horizon. If you would invest 874,982 in LakeBTC Bitcoin USD on May 21, 2018 and sell it today you would lose (140,494) from holding LakeBTC Bitcoin USD or give up 16.06% of portfolio value over 30 days.