This module allows you to analyze existing cross correlation between Kraken Augur USD and Yobit Ethereum Classic USD. You can compare the effects of market volatilities on Kraken Augur and Yobit Ethereum 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 Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Augur and Yobit Ethereum.
|Time Horizon||30 Days Login to change|
Kraken Augur USD vs. Yobit Ethereum Classic USD
Assuming 30 trading days horizon, Kraken Augur USD is expected to under-perform the Yobit Ethereum. In addition to that, Kraken Augur is 1.29 times more volatile than Yobit Ethereum Classic USD. It trades about -0.22 of its total potential returns per unit of risk. Yobit Ethereum Classic USD is currently generating about -0.12 per unit of volatility. If you would invest 1,820 in Yobit Ethereum Classic USD on May 18, 2018 and sell it today you would lose (335.00) from holding Yobit Ethereum Classic USD or give up 18.41% of portfolio value over 30 days.