This module allows you to analyze existing cross correlation between LiveCoin BlueCoin USD and Yobit Waves USD. You can compare the effects of market volatilities on LiveCoin BlueCoin and Yobit Waves 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 Waves. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin BlueCoin and Yobit Waves.
|Time Horizon||30 Days Login to change|
LiveCoin BlueCoin USD vs. Yobit Waves USD
Assuming 30 trading days horizon, LiveCoin BlueCoin USD is expected to under-perform the Yobit Waves. In addition to that, LiveCoin BlueCoin is 3.14 times more volatile than Yobit Waves USD. It trades about -0.09 of its total potential returns per unit of risk. Yobit Waves USD is currently generating about -0.27 per unit of volatility. If you would invest 473.00 in Yobit Waves USD on May 25, 2018 and sell it today you would lose (171.00) from holding Yobit Waves USD or give up 36.15% of portfolio value over 30 days.