This module allows you to analyze existing cross correlation between LiveCoin CapriCoin USD and CCEX Asiadigicoin USD. You can compare the effects of market volatilities on LiveCoin CapriCoin and CCEX Asiadigicoin 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 CapriCoin with a short position of CCEX Asiadigicoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin CapriCoin and CCEX Asiadigicoin.
|Time Horizon||30 Days Login to change|
LiveCoin CapriCoin USD vs. CCEX Asiadigicoin USD
Assuming 30 trading days horizon, LiveCoin CapriCoin USD is expected to generate 0.67 times more return on investment than CCEX Asiadigicoin. However, LiveCoin CapriCoin USD is 1.5 times less risky than CCEX Asiadigicoin. It trades about 0.22 of its potential returns per unit of risk. CCEX Asiadigicoin USD is currently generating about -0.13 per unit of risk. If you would invest 76.01 in LiveCoin CapriCoin USD on May 20, 2018 and sell it today you would earn a total of 46.99 from holding LiveCoin CapriCoin USD or generate 61.82% return on investment over 30 days.