This module allows you to analyze existing cross correlation between Kraken Augur USD and LiveCoin NEM USD. You can compare the effects of market volatilities on Kraken Augur and LiveCoin NEM 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 NEM. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Augur and LiveCoin NEM.
|Time Horizon||30 Days Login to change|
Kraken Augur USD vs. LiveCoin NEM USD
Assuming 30 trading days horizon, Kraken Augur USD is expected to generate 1.48 times more return on investment than LiveCoin NEM. However, Kraken Augur is 1.48 times more volatile than LiveCoin NEM USD. It trades about -0.1 of its potential returns per unit of risk. LiveCoin NEM USD is currently generating about -0.31 per unit of risk. If you would invest 3,904 in Kraken Augur USD on May 24, 2018 and sell it today you would lose (899.00) from holding Kraken Augur USD or give up 23.03% of portfolio value over 30 days.