This module allows you to analyze existing cross correlation between Kraken Monero USD and Gatecoin Litecoin USD. You can compare the effects of market volatilities on Kraken Monero and Gatecoin Litecoin 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 Monero with a short position of Gatecoin Litecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Monero and Gatecoin Litecoin.
|Time Horizon||30 Days Login to change|
Kraken Monero USD vs. Gatecoin Litecoin USD
Assuming 30 trading days horizon, Kraken Monero USD is expected to under-perform the Gatecoin Litecoin. But the crypto apears to be less risky and, when comparing its historical volatility, Kraken Monero USD is 2.58 times less risky than Gatecoin Litecoin. The crypto trades about -0.27 of its potential returns per unit of risk. The Gatecoin Litecoin USD is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 11,500 in Gatecoin Litecoin USD on May 24, 2018 and sell it today you would earn a total of 3,500 from holding Gatecoin Litecoin USD or generate 30.43% return on investment over 30 days.