This module allows you to analyze existing cross correlation between LiveCoin E-Dinar Coin USD and LiveCoin YoCoin USD. You can compare the effects of market volatilities on LiveCoin E-Dinar and LiveCoin YoCoin 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 YoCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin E-Dinar and LiveCoin YoCoin.
|Time Horizon||30 Days Login to change|
LiveCoin E-Dinar Coin USD vs. LiveCoin YoCoin USD
Assuming 30 trading days horizon, LiveCoin E-Dinar is expected to generate 16.35 times less return on investment than LiveCoin YoCoin. But when comparing it to its historical volatility, LiveCoin E-Dinar Coin USD is 1.66 times less risky than LiveCoin YoCoin. It trades about 0.02 of its potential returns per unit of risk. LiveCoin YoCoin USD is currently generating about 0.23 of returns per unit of risk over similar time horizon. If you would invest 1.60 in LiveCoin YoCoin USD on May 22, 2018 and sell it today you would earn a total of 2.25 from holding LiveCoin YoCoin USD or generate 140.63% return on investment over 30 days.