This module allows you to analyze existing cross correlation between LiveCoin E-Dinar Coin USD and LiveCoin Stratis USD. You can compare the effects of market volatilities on LiveCoin E-Dinar and LiveCoin Stratis 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 Stratis. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin E-Dinar and LiveCoin Stratis.
|Time Horizon||30 Days Login to change|
LiveCoin E-Dinar Coin USD vs. LiveCoin Stratis USD
Assuming 30 trading days horizon, LiveCoin E-Dinar Coin USD is expected to generate 1.49 times more return on investment than LiveCoin Stratis. However, LiveCoin E-Dinar is 1.49 times more volatile than LiveCoin Stratis USD. It trades about 0.02 of its potential returns per unit of risk. LiveCoin Stratis USD is currently generating about -0.29 per unit of risk. If you would invest 1.31 in LiveCoin E-Dinar Coin USD on May 22, 2018 and sell it today you would lose (0.11) from holding LiveCoin E-Dinar Coin USD or give up 8.68% of portfolio value over 30 days.