This module allows you to analyze existing cross correlation between LiveCoin E-Dinar Coin USD and LiveCoin Lisk USD. You can compare the effects of market volatilities on LiveCoin E-Dinar and LiveCoin Lisk 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 Lisk. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin E-Dinar and LiveCoin Lisk.
|Time Horizon||30 Days Login to change|
LiveCoin E-Dinar Coin USD vs. LiveCoin Lisk USD
Assuming 30 trading days horizon, LiveCoin E-Dinar Coin USD is expected to generate 2.18 times more return on investment than LiveCoin Lisk. However, LiveCoin E-Dinar is 2.18 times more volatile than LiveCoin Lisk USD. It trades about -0.05 of its potential returns per unit of risk. LiveCoin Lisk USD is currently generating about -0.34 per unit of risk. If you would invest 1.41 in LiveCoin E-Dinar Coin USD on May 24, 2018 and sell it today you would lose (0.35) from holding LiveCoin E-Dinar Coin USD or give up 25.23% of portfolio value over 30 days.