This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and LiveCoin Stratis USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and LiveCoin Stratis 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 Stratis. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and LiveCoin Stratis.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. LiveCoin Stratis USD
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to generate 2.69 times more return on investment than LiveCoin Stratis. However, LiveCoin BlueCoin is 2.69 times more volatile than LiveCoin Stratis USD. It trades about -0.03 of its potential returns per unit of risk. LiveCoin Stratis USD is currently generating about -0.31 per unit of risk. If you would invest 0.49 in LiveCoin BlueCoin USD on May 20, 2018 and sell it today you would lose (0.21) from holding LiveCoin BlueCoin USD or give up 43.41% of portfolio value over 30 days.