This module allows you to analyze existing cross correlation between LocalBitcoins Bitcoin USD and Bitfinex Recovery Right Tokens USD. You can compare the effects of market volatilities on LocalBitcoins Bitcoin and Bitfinex Recovery 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 LocalBitcoins Bitcoin with a short position of Bitfinex Recovery. See also your portfolio center. Please also check ongoing floating volatility patterns of LocalBitcoins Bitcoin and Bitfinex Recovery.
|Time Horizon||30 Days Login to change|
LocalBitcoins Bitcoin USD vs. Bitfinex Recovery Right Tokens
Assuming 30 trading days horizon, LocalBitcoins Bitcoin USD is expected to generate 3.54 times more return on investment than Bitfinex Recovery. However, LocalBitcoins Bitcoin is 3.54 times more volatile than Bitfinex Recovery Right Tokens USD. It trades about 0.08 of its potential returns per unit of risk. Bitfinex Recovery Right Tokens USD is currently generating about 0.01 per unit of risk. If you would invest 1,273,751 in LocalBitcoins Bitcoin USD on May 19, 2018 and sell it today you would lose (582,529) from holding LocalBitcoins Bitcoin USD or give up 45.73% of portfolio value over 30 days.