This module allows you to analyze existing cross correlation between LakeBTC Bitcoin USD and Kraken Bitcoin USD. You can compare the effects of market volatilities on LakeBTC Bitcoin and Kraken Bitcoin 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 LakeBTC Bitcoin with a short position of Kraken Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LakeBTC Bitcoin and Kraken Bitcoin.
|Time Horizon||30 Days Login to change|
LakeBTC Bitcoin USD vs. Kraken Bitcoin USD
Assuming 30 trading days horizon, LakeBTC Bitcoin USD is expected to generate 1.02 times more return on investment than Kraken Bitcoin. However, LakeBTC Bitcoin is 1.02 times more volatile than Kraken Bitcoin USD. It trades about -0.14 of its potential returns per unit of risk. Kraken Bitcoin USD is currently generating about -0.17 per unit of risk. If you would invest 874,982 in LakeBTC Bitcoin USD on May 23, 2018 and sell it today you would lose (140,494) from holding LakeBTC Bitcoin USD or give up 16.06% of portfolio value over 30 days.