This module allows you to analyze existing cross correlation between LiveCoin CapriCoin USD and Coinbase Bitcoin USD. You can compare the effects of market volatilities on LiveCoin CapriCoin and Coinbase Bitcoin 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 Coinbase Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin CapriCoin and Coinbase Bitcoin.
|Time Horizon||30 Days Login to change|
LiveCoin CapriCoin USD vs. Coinbase Bitcoin USD
Assuming 30 trading days horizon, LiveCoin CapriCoin USD is expected to generate 2.31 times more return on investment than Coinbase Bitcoin. However, LiveCoin CapriCoin is 2.31 times more volatile than Coinbase Bitcoin USD. It trades about 0.16 of its potential returns per unit of risk. Coinbase Bitcoin USD is currently generating about -0.15 per unit of risk. If you would invest 80.11 in LiveCoin CapriCoin USD on May 24, 2018 and sell it today you would earn a total of 28.89 from holding LiveCoin CapriCoin USD or generate 36.06% return on investment over 30 days.