This module allows you to analyze existing cross correlation between LiveCoin E-Dinar Coin USD and CCEX Dogecoin USD. You can compare the effects of market volatilities on LiveCoin E-Dinar and CCEX Dogecoin 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 E-Dinar with a short position of CCEX Dogecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin E-Dinar and CCEX Dogecoin.
|Time Horizon||30 Days Login to change|
LiveCoin E-Dinar Coin USD vs. CCEX Dogecoin USD
Assuming 30 trading days horizon, LiveCoin E-Dinar Coin USD is expected to generate 1.4 times more return on investment than CCEX Dogecoin. However, LiveCoin E-Dinar is 1.4 times more volatile than CCEX Dogecoin USD. It trades about -0.05 of its potential returns per unit of risk. CCEX Dogecoin USD is currently generating about -0.22 per unit of risk. If you would invest 1.40 in LiveCoin E-Dinar Coin USD on May 19, 2018 and sell it today you would lose (0.38) from holding LiveCoin E-Dinar Coin USD or give up 27.11% of portfolio value over 30 days.