This module allows you to analyze existing cross correlation between LiveCoin E-Dinar Coin USD and LiveCoin BlueCoin USD. You can compare the effects of market volatilities on LiveCoin E-Dinar and LiveCoin BlueCoin 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 LiveCoin BlueCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin E-Dinar and LiveCoin BlueCoin.
|Time Horizon||30 Days Login to change|
LiveCoin E-Dinar Coin USD vs. LiveCoin BlueCoin USD
Assuming 30 trading days horizon, LiveCoin E-Dinar Coin USD is expected to under-perform the LiveCoin BlueCoin. But the crypto apears to be less risky and, when comparing its historical volatility, LiveCoin E-Dinar Coin USD is 1.82 times less risky than LiveCoin BlueCoin. The crypto trades about -0.05 of its potential returns per unit of risk. The LiveCoin BlueCoin USD is currently generating about 0.04 of returns per unit of risk over similar time horizon. If you would invest 0.50 in LiveCoin BlueCoin USD on May 24, 2018 and sell it today you would lose (0.09) from holding LiveCoin BlueCoin USD or give up 18.55% of portfolio value over 30 days.