This module allows you to analyze existing cross correlation between Kraken Augur USD and LiveCoin BlueCoin USD. You can compare the effects of market volatilities on Kraken Augur and LiveCoin BlueCoin 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 LiveCoin BlueCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Augur and LiveCoin BlueCoin.
|Time Horizon||30 Days Login to change|
Kraken Augur USD vs. LiveCoin BlueCoin USD
Assuming 30 trading days horizon, Kraken Augur USD is expected to under-perform the LiveCoin BlueCoin. But the crypto apears to be less risky and, when comparing its historical volatility, Kraken Augur USD is 2.7 times less risky than LiveCoin BlueCoin. The crypto trades about -0.14 of its potential returns per unit of risk. The LiveCoin BlueCoin USD is currently generating about -0.03 of returns per unit of risk over similar time horizon. If you would invest 0.49 in LiveCoin BlueCoin USD on May 20, 2018 and sell it today you would lose (0.21) from holding LiveCoin BlueCoin USD or give up 43.41% of portfolio value over 30 days.