This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and Bitfinex NEO USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and Bitfinex NEO 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 LiveCoin BlueCoin with a short position of Bitfinex NEO. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and Bitfinex NEO.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. Bitfinex NEO USD
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to generate 3.3 times more return on investment than Bitfinex NEO. However, LiveCoin BlueCoin is 3.3 times more volatile than Bitfinex NEO USD. It trades about 0.04 of its potential returns per unit of risk. Bitfinex NEO USD is currently generating about -0.25 per unit of risk. If you would invest 0.50 in LiveCoin BlueCoin USD on May 24, 2018 and sell it today you would lose (0.09) from holding LiveCoin BlueCoin USD or give up 18.55% of portfolio value over 30 days.