This module allows you to analyze existing cross correlation between LiveCoin Emercoin USD and LiveCoin NEM USD. You can compare the effects of market volatilities on LiveCoin Emercoin and LiveCoin NEM 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 NEM. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Emercoin and LiveCoin NEM.
|Time Horizon||30 Days Login to change|
LiveCoin Emercoin USD vs. LiveCoin NEM USD
Assuming 30 trading days horizon, LiveCoin Emercoin USD is expected to generate 0.97 times more return on investment than LiveCoin NEM. However, LiveCoin Emercoin USD is 1.03 times less risky than LiveCoin NEM. It trades about -0.06 of its potential returns per unit of risk. LiveCoin NEM USD is currently generating about -0.32 per unit of risk. If you would invest 305.00 in LiveCoin Emercoin USD on May 20, 2018 and sell it today you would lose (29.00) from holding LiveCoin Emercoin USD or give up 9.51% of portfolio value over 30 days.