This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and Yobit Bitcloud USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and Yobit Bitcloud 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 Yobit Bitcloud. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and Yobit Bitcloud.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. Yobit Bitcloud USD
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to under-perform the Yobit Bitcloud. In addition to that, LiveCoin BlueCoin is 2.42 times more volatile than Yobit Bitcloud USD. It trades about -0.03 of its total potential returns per unit of risk. Yobit Bitcloud USD is currently generating about -0.07 per unit of volatility. If you would invest 2.50 in Yobit Bitcloud USD on May 18, 2018 and sell it today you would lose (0.50) from holding Yobit Bitcloud USD or give up 20.0% of portfolio value over 30 days.