This module allows you to analyze existing cross correlation between LiveCoin Emercoin USD and Bitfinex ZCash USD. You can compare the effects of market volatilities on LiveCoin Emercoin and Bitfinex ZCash 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 Emercoin with a short position of Bitfinex ZCash. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Emercoin and Bitfinex ZCash.
|Time Horizon||30 Days Login to change|
LiveCoin Emercoin USD vs. Bitfinex ZCash USD
Assuming 30 trading days horizon, LiveCoin Emercoin USD is expected to generate 0.73 times more return on investment than Bitfinex ZCash. However, LiveCoin Emercoin USD is 1.37 times less risky than Bitfinex ZCash. It trades about -0.19 of its potential returns per unit of risk. Bitfinex ZCash USD is currently generating about -0.38 per unit of risk. If you would invest 323.00 in LiveCoin Emercoin USD on May 19, 2018 and sell it today you would lose (73.00) from holding LiveCoin Emercoin USD or give up 22.6% of portfolio value over 30 days.