This module allows you to analyze existing cross correlation between Poloniex Ethereum USD and Bitfinex Ethereum USD. You can compare the effects of market volatilities on Poloniex Ethereum and Bitfinex Ethereum 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 Poloniex Ethereum with a short position of Bitfinex Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Poloniex Ethereum and Bitfinex Ethereum.
|Time Horizon||30 Days Login to change|
Poloniex Ethereum USD vs. Bitfinex Ethereum USD
Assuming 30 trading days horizon, Poloniex Ethereum USD is expected to generate 0.98 times more return on investment than Bitfinex Ethereum. However, Poloniex Ethereum USD is 1.02 times less risky than Bitfinex Ethereum. It trades about -0.12 of its potential returns per unit of risk. Bitfinex Ethereum USD is currently generating about -0.12 per unit of risk. If you would invest 59,448 in Poloniex Ethereum USD on May 25, 2018 and sell it today you would lose (12,833) from holding Poloniex Ethereum USD or give up 21.59% of portfolio value over 30 days.