This module allows you to analyze existing cross correlation between Kraken Augur USD and Yobit Bitcloud USD. You can compare the effects of market volatilities on Kraken Augur and Yobit Bitcloud 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 Yobit Bitcloud. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Augur and Yobit Bitcloud.
|Time Horizon||30 Days Login to change|
Kraken Augur USD vs. Yobit Bitcloud USD
Assuming 30 trading days horizon, Kraken Augur USD is expected to under-perform the Yobit Bitcloud. In addition to that, Kraken Augur is 1.08 times more volatile than Yobit Bitcloud USD. It trades about -0.14 of its total potential returns per unit of risk. Yobit Bitcloud USD is currently generating about 0.03 per unit of volatility. If you would invest 2.00 in Yobit Bitcloud USD on May 23, 2018 and sell it today you would lose 0.00 from holding Yobit Bitcloud USD or give up 0.05% of portfolio value over 30 days.