This module allows you to analyze existing cross correlation between LiveCoin Emercoin USD and Bitstamp Ethereum USD. You can compare the effects of market volatilities on LiveCoin Emercoin and Bitstamp 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 Emercoin with a short position of Bitstamp Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Emercoin and Bitstamp Ethereum.
|Time Horizon||30 Days Login to change|
LiveCoin Emercoin USD vs. Bitstamp Ethereum USD
Assuming 30 trading days horizon, LiveCoin Emercoin USD is expected to generate 0.73 times more return on investment than Bitstamp Ethereum. However, LiveCoin Emercoin USD is 1.37 times less risky than Bitstamp Ethereum. It trades about 0.03 of its potential returns per unit of risk. Bitstamp Ethereum USD is currently generating about -0.06 per unit of risk. If you would invest 277.00 in LiveCoin Emercoin USD on May 23, 2018 and sell it today you would earn a total of 5.00 from holding LiveCoin Emercoin USD or generate 1.81% return on investment over 30 days.