This module allows you to analyze existing cross correlation between LiveCoin Emercoin USD and LocalBitcoins Bitcoin USD. You can compare the effects of market volatilities on LiveCoin Emercoin and LocalBitcoins Bitcoin 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 LocalBitcoins Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Emercoin and LocalBitcoins Bitcoin.
|Time Horizon||30 Days Login to change|
LiveCoin Emercoin USD vs. LocalBitcoins Bitcoin USD
Assuming 30 trading days horizon, LiveCoin Emercoin is expected to generate 25.56 times less return on investment than LocalBitcoins Bitcoin. But when comparing it to its historical volatility, LiveCoin Emercoin USD is 9.58 times less risky than LocalBitcoins Bitcoin. It trades about 0.06 of its potential returns per unit of risk. LocalBitcoins Bitcoin USD is currently generating about 0.15 of returns per unit of risk over similar time horizon. If you would invest 809,270 in LocalBitcoins Bitcoin USD on May 22, 2018 and sell it today you would earn a total of 46,246 from holding LocalBitcoins Bitcoin USD or generate 5.71% return on investment over 30 days.