This module allows you to analyze existing cross correlation between LiveCoin CapriCoin USD and LiveCoin Litecoin USD. You can compare the effects of market volatilities on LiveCoin CapriCoin and LiveCoin Litecoin 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 Litecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin CapriCoin and LiveCoin Litecoin.
|Time Horizon||30 Days Login to change|
LiveCoin CapriCoin USD vs. LiveCoin Litecoin USD
Assuming 30 trading days horizon, LiveCoin CapriCoin USD is expected to generate 2.13 times more return on investment than LiveCoin Litecoin. However, LiveCoin CapriCoin is 2.13 times more volatile than LiveCoin Litecoin USD. It trades about 0.2 of its potential returns per unit of risk. LiveCoin Litecoin USD is currently generating about -0.34 per unit of risk. If you would invest 79.24 in LiveCoin CapriCoin USD on May 26, 2018 and sell it today you would earn a total of 38.76 from holding LiveCoin CapriCoin USD or generate 48.91% return on investment over 30 days.