This module allows you to analyze existing cross correlation between LiveCoin CapriCoin USD and Yobit Waves USD. You can compare the effects of market volatilities on LiveCoin CapriCoin 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 CapriCoin with a short position of Yobit Waves. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin CapriCoin and Yobit Waves.
|Time Horizon||30 Days Login to change|
LiveCoin CapriCoin USD vs. Yobit Waves USD
Assuming 30 trading days horizon, LiveCoin CapriCoin USD is expected to generate 1.68 times more return on investment than Yobit Waves. However, LiveCoin CapriCoin is 1.68 times more volatile than Yobit Waves USD. It trades about 0.16 of its potential returns per unit of risk. Yobit Waves USD is currently generating about -0.25 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 29.89 from holding LiveCoin CapriCoin USD or generate 37.31% return on investment over 30 days.