This module allows you to analyze existing cross correlation between Liqnet Bitcoin USD and Exmo Bitcoin USD. You can compare the effects of market volatilities on Liqnet Bitcoin and Exmo 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 Liqnet Bitcoin with a short position of Exmo Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Liqnet Bitcoin and Exmo Bitcoin.
|Horizon||30 Days Login to change|
|Liqnet Bitcoin USD|
Over the last 30 days Liqnet Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Liqnet Bitcoin is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Exmo Bitcoin USD|
Over the last 30 days Exmo Bitcoin USD has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively unchanging essential indicators, Exmo Bitcoin is not utilizing all of its potentials. The current stock price uproar, may contribute to short horizon losses for the leadership.
Liqnet Bitcoin and Exmo Bitcoin Volatility Contrast
Liqnet Bitcoin USD vs. Exmo Bitcoin USD
If you would invest 852,652 in Exmo Bitcoin USD on September 13, 2019 and sell it today you would earn a total of 0.00 from holding Exmo Bitcoin USD or generate 0.0% return on investment over 30 days.
Pair Corralation between Liqnet Bitcoin and Exmo Bitcoin
|Time Period||3 Months [change]|
Diversification Opportunities for Liqnet Bitcoin and Exmo Bitcoin
Overlapping area represents the amount of risk that can be diversified away by holding Liqnet Bitcoin USD and Exmo Bitcoin USD in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Exmo Bitcoin USD and Liqnet Bitcoin is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Liqnet Bitcoin USD are associated (or correlated) with Exmo Bitcoin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Exmo Bitcoin USD has no effect on the direction of Liqnet Bitcoin i.e. Liqnet Bitcoin and Exmo Bitcoin go up and down completely randomly.
See also your portfolio center. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.