This module allows you to analyze existing cross correlation between LiveCoin Lisk USD and LocalBitcoins Bitcoin USD. You can compare the effects of market volatilities on LiveCoin Lisk 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 Lisk with a short position of LocalBitcoins Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Lisk and LocalBitcoins Bitcoin.
|Time Horizon||30 Days Login to change|
LiveCoin Lisk USD vs. LocalBitcoins Bitcoin USD
Assuming 30 trading days horizon, LiveCoin Lisk USD is expected to under-perform the LocalBitcoins Bitcoin. But the crypto apears to be less risky and, when comparing its historical volatility, LiveCoin Lisk USD is 7.58 times less risky than LocalBitcoins Bitcoin. The crypto trades about -0.34 of its potential returns per unit of risk. The LocalBitcoins Bitcoin USD is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 783,974 in LocalBitcoins Bitcoin USD on May 24, 2018 and sell it today you would earn a total of 101,116 from holding LocalBitcoins Bitcoin USD or generate 12.9% return on investment over 30 days.