This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and Yobit Ethereum Classic USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and Yobit Ethereum 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 Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and Yobit Ethereum.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. Yobit Ethereum Classic USD
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to under-perform the Yobit Ethereum. In addition to that, LiveCoin BlueCoin is 3.57 times more volatile than Yobit Ethereum Classic USD. It trades about -0.05 of its total potential returns per unit of risk. Yobit Ethereum Classic USD is currently generating about -0.14 per unit of volatility. If you would invest 1,834 in Yobit Ethereum Classic USD on May 19, 2018 and sell it today you would lose (394.00) from holding Yobit Ethereum Classic USD or give up 21.48% of portfolio value over 30 days.