This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and Yobit Iconic USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and Yobit Iconic 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 Iconic. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and Yobit Iconic.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. Yobit Iconic USD
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to under-perform the Yobit Iconic. But the crypto apears to be less risky and, when comparing its historical volatility, LiveCoin BlueCoin USD is 1.36 times less risky than Yobit Iconic. The crypto trades about -0.03 of its potential returns per unit of risk. The Yobit Iconic USD is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you would invest 7.80 in Yobit Iconic USD on May 20, 2018 and sell it today you would lose (3.20) from holding Yobit Iconic USD or give up 41.03% of portfolio value over 30 days.