This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and LiveCoin YoCoin USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and LiveCoin YoCoin 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 YoCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and LiveCoin YoCoin.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. LiveCoin YoCoin USD
Assuming 30 trading days horizon, LiveCoin BlueCoin is expected to generate 5.86 times less return on investment than LiveCoin YoCoin. In addition to that, LiveCoin BlueCoin is 1.01 times more volatile than LiveCoin YoCoin USD. It trades about 0.04 of its total potential returns per unit of risk. LiveCoin YoCoin USD is currently generating about 0.27 per unit of volatility. If you would invest 1.37 in LiveCoin YoCoin USD on May 24, 2018 and sell it today you would earn a total of 2.52 from holding LiveCoin YoCoin USD or generate 184.16% return on investment over 30 days.