This module allows you to analyze existing cross correlation between LiveCoin E-Dinar Coin USD and Yobit Ethereum Classic USD. You can compare the effects of market volatilities on LiveCoin E-Dinar and Yobit Ethereum 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 Yobit Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin E-Dinar and Yobit Ethereum.
|Time Horizon||30 Days Login to change|
LiveCoin E-Dinar Coin USD vs. Yobit Ethereum Classic USD
Assuming 30 trading days horizon, LiveCoin E-Dinar Coin USD is expected to generate 2.12 times more return on investment than Yobit Ethereum. However, LiveCoin E-Dinar is 2.12 times more volatile than Yobit Ethereum Classic USD. It trades about -0.05 of its potential returns per unit of risk. Yobit Ethereum Classic USD is currently generating about -0.13 per unit of risk. If you would invest 1.40 in LiveCoin E-Dinar Coin USD on May 19, 2018 and sell it today you would lose (0.38) from holding LiveCoin E-Dinar Coin USD or give up 27.11% of portfolio value over 30 days.