This module allows you to analyze existing cross correlation between Kraken Augur USD and Bitfinex NEO USD. You can compare the effects of market volatilities on Kraken Augur and Bitfinex NEO 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 Augur with a short position of Bitfinex NEO. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Augur and Bitfinex NEO.
|Time Horizon||30 Days Login to change|
Kraken Augur USD vs. Bitfinex NEO USD
Assuming 30 trading days horizon, Kraken Augur USD is expected to generate 1.24 times more return on investment than Bitfinex NEO. However, Kraken Augur is 1.24 times more volatile than Bitfinex NEO USD. It trades about -0.22 of its potential returns per unit of risk. Bitfinex NEO USD is currently generating about -0.32 per unit of risk. If you would invest 5,382 in Kraken Augur USD on May 19, 2018 and sell it today you would lose (2,014) from holding Kraken Augur USD or give up 37.42% of portfolio value over 30 days.