This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and Bitfinex Recovery Right Tokens USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and Bitfinex Recovery 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 Recovery. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and Bitfinex Recovery.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. Bitfinex Recovery Right Tokens
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to under-perform the Bitfinex Recovery. In addition to that, LiveCoin BlueCoin is 1.75 times more volatile than Bitfinex Recovery Right Tokens USD. It trades about -0.01 of its total potential returns per unit of risk. Bitfinex Recovery Right Tokens USD is currently generating about -0.02 per unit of volatility. If you would invest 6.96 in Bitfinex Recovery Right Tokens USD on May 19, 2018 and sell it today you would lose (1.14) from holding Bitfinex Recovery Right Tokens USD or give up 16.39% of portfolio value over 30 days.