This module allows you to analyze existing cross correlation between Kraken Monero USD and Poloniex Stellar USD. You can compare the effects of market volatilities on Kraken Monero and Poloniex Stellar 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 Poloniex Stellar. See also your portfolio center. Please also check ongoing floating volatility patterns of Kraken Monero and Poloniex Stellar.
|Time Horizon||30 Days Login to change|
Kraken Monero USD vs. Poloniex Stellar USD
Assuming 30 trading days horizon, Kraken Monero USD is expected to under-perform the Poloniex Stellar. But the crypto apears to be less risky and, when comparing its historical volatility, Kraken Monero USD is 1.17 times less risky than Poloniex Stellar. The crypto trades about -0.32 of its potential returns per unit of risk. The Poloniex Stellar USD is currently generating about -0.2 of returns per unit of risk over similar time horizon. If you would invest 29.09 in Poloniex Stellar USD on May 23, 2018 and sell it today you would lose (8.37) from holding Poloniex Stellar USD or give up 28.77% of portfolio value over 30 days.