This module allows you to analyze existing cross correlation between Poloniex Augur USD and Bitfinex NEO USD. You can compare the effects of market volatilities on Poloniex Augur and Bitfinex NEO 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 Augur with a short position of Bitfinex NEO. See also your portfolio center. Please also check ongoing floating volatility patterns of Poloniex Augur and Bitfinex NEO.
|Time Horizon||30 Days Login to change|
Poloniex Augur USD vs. Bitfinex NEO USD
Assuming 30 trading days horizon, Poloniex Augur USD is expected to under-perform the Bitfinex NEO. In addition to that, Poloniex Augur is 1.11 times more volatile than Bitfinex NEO USD. It trades about -0.23 of its total potential returns per unit of risk. Bitfinex NEO USD is currently generating about -0.24 per unit of volatility. If you would invest 5,948 in Bitfinex NEO USD on May 18, 2018 and sell it today you would lose (2,071) from holding Bitfinex NEO USD or give up 34.82% of portfolio value over 30 days.