This module allows you to analyze existing cross correlation between LiveCoin E-Dinar Coin USD and LocalBitcoins Bitcoin USD. You can compare the effects of market volatilities on LiveCoin E-Dinar and LocalBitcoins Bitcoin 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 LocalBitcoins Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin E-Dinar and LocalBitcoins Bitcoin.
|Time Horizon||30 Days Login to change|
LiveCoin E-Dinar Coin USD vs. LocalBitcoins Bitcoin USD
Assuming 30 trading days horizon, LiveCoin E-Dinar Coin USD is expected to under-perform the LocalBitcoins Bitcoin. But the crypto apears to be less risky and, when comparing its historical volatility, LiveCoin E-Dinar Coin USD is 3.28 times less risky than LocalBitcoins Bitcoin. The crypto trades about -0.02 of its potential returns per unit of risk. The LocalBitcoins Bitcoin USD is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 869,377 in LocalBitcoins Bitcoin USD on May 21, 2018 and sell it today you would lose (154,125) from holding LocalBitcoins Bitcoin USD or give up 17.73% of portfolio value over 30 days.