This module allows you to analyze existing cross correlation between LiveCoin CapriCoin USD and LiveCoin E-Dinar Coin USD. You can compare the effects of market volatilities on LiveCoin CapriCoin and LiveCoin E-Dinar 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 LiveCoin E-Dinar. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin CapriCoin and LiveCoin E-Dinar.
|Time Horizon||30 Days Login to change|
LiveCoin CapriCoin USD vs. LiveCoin E-Dinar Coin USD
Assuming 30 trading days horizon, LiveCoin CapriCoin USD is expected to generate 0.84 times more return on investment than LiveCoin E-Dinar. However, LiveCoin CapriCoin USD is 1.2 times less risky than LiveCoin E-Dinar. It trades about 0.23 of its potential returns per unit of risk. LiveCoin E-Dinar Coin USD is currently generating about -0.03 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 47.99 from holding LiveCoin CapriCoin USD or generate 63.14% return on investment over 30 days.