This module allows you to analyze existing cross correlation between LiveCoin Emercoin USD and LiveCoin BlueCoin USD. You can compare the effects of market volatilities on LiveCoin Emercoin and LiveCoin BlueCoin 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 LiveCoin BlueCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Emercoin and LiveCoin BlueCoin.
|Time Horizon||30 Days Login to change|
LiveCoin Emercoin USD vs. LiveCoin BlueCoin USD
Assuming 30 trading days horizon, LiveCoin Emercoin is expected to generate 57.22 times less return on investment than LiveCoin BlueCoin. But when comparing it to its historical volatility, LiveCoin Emercoin USD is 5.15 times less risky than LiveCoin BlueCoin. It trades about 0.0 of its potential returns per unit of risk. LiveCoin BlueCoin USD is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you would invest 0.54 in LiveCoin BlueCoin USD on May 23, 2018 and sell it today you would lose (0.13) from holding LiveCoin BlueCoin USD or give up 24.63% of portfolio value over 30 days.