This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and LiveCoin Diamond USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and LiveCoin Diamond 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 LiveCoin Diamond. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and LiveCoin Diamond.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. LiveCoin Diamond USD
Assuming 30 trading days horizon, LiveCoin BlueCoin is expected to generate 2.11 times less return on investment than LiveCoin Diamond. But when comparing it to its historical volatility, LiveCoin BlueCoin USD is 1.14 times less risky than LiveCoin Diamond. It trades about 0.04 of its potential returns per unit of risk. LiveCoin Diamond USD is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest 670.00 in LiveCoin Diamond USD on May 21, 2018 and sell it today you would earn a total of 59.00 from holding LiveCoin Diamond USD or generate 8.81% return on investment over 30 days.