This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and Bitfinex SingularDTV USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and Bitfinex SingularDTV 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 SingularDTV. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and Bitfinex SingularDTV.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. Bitfinex SingularDTV USD
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to generate 2.34 times more return on investment than Bitfinex SingularDTV. However, LiveCoin BlueCoin is 2.34 times more volatile than Bitfinex SingularDTV USD. It trades about 0.05 of its potential returns per unit of risk. Bitfinex SingularDTV USD is currently generating about -0.17 per unit of risk. If you would invest 0.49 in LiveCoin BlueCoin USD on May 21, 2018 and sell it today you would lose (0.09) from holding LiveCoin BlueCoin USD or give up 18.05% of portfolio value over 30 days.