This module allows you to analyze existing cross correlation between LiveCoin Lisk USD and Yobit EthereumScrypt USD. You can compare the effects of market volatilities on LiveCoin Lisk and Yobit EthereumScrypt 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 Yobit EthereumScrypt. See also your portfolio center. Please also check ongoing floating volatility patterns of LiveCoin Lisk and Yobit EthereumScrypt.
|Time Horizon||30 Days Login to change|
LiveCoin Lisk USD vs. Yobit EthereumScrypt USD
Assuming 30 trading days horizon, LiveCoin Lisk USD is expected to under-perform the Yobit EthereumScrypt. In addition to that, LiveCoin Lisk is 1.22 times more volatile than Yobit EthereumScrypt USD. It trades about -0.27 of its total potential returns per unit of risk. Yobit EthereumScrypt USD is currently generating about -0.19 per unit of volatility. If you would invest 1.23 in Yobit EthereumScrypt USD on May 20, 2018 and sell it today you would lose (0.26) from holding Yobit EthereumScrypt USD or give up 21.49% of portfolio value over 30 days.