Poloniex Augur USD vs. Cexio Ethereum USD
Assuming 30 trading days horizon, Poloniex Augur USD is expected to under-perform the Cexio Ethereum. In addition to that, Poloniex Augur is 1.14 times more volatile than Cexio Ethereum USD. It trades about -0.07 of its total potential returns per unit of risk. Cexio Ethereum USD is currently generating about -0.07 per unit of volatility. If you would invest 59,297 in Cexio Ethereum USD on May 23, 2018 and sell it today you would lose (7,451) from holding Cexio Ethereum USD or give up 12.57% of portfolio value over 30 days.
Pair Corralation between Poloniex Augur and Cexio Ethereum
|Time Period||1 Month [change]|
Almost no diversification
Overlapping area represents the amount of risk that can be diversified away by holding Poloniex Augur USD and Cexio Ethereum USD in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Cexio Ethereum USD and Poloniex Augur is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Poloniex Augur USD are associated (or correlated) with Cexio Ethereum. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Cexio Ethereum USD has no effect on the direction of Poloniex Augur i.e. Poloniex Augur and Cexio Ethereum go up and down completely randomly.
Over the last 30 days Poloniex Augur USD has generated negative risk-adjusted returns adding no value to investors with long positions.
Over the last 30 days Cexio Ethereum USD has generated negative risk-adjusted returns adding no value to investors with long positions.
|IT, Search Cloud And Integrated IT Services|
|Business Address||1600 Amphitheatre Parkway|
Alphabet cannot be verified against its exchange. It appears that Alphabet is not available for investing at this time. Please verify the symbol is currently traded on NASDAQ. If you still believe the symbol you are trying to look up is valid please let us know
and we will check it as soon as possible.
Try Other Suggestions
|GTVJX||Goldman Sachs Target Date 2030||Fund|
|GTVMX||Goldman Sachs Target Date 2040||Fund|
|GTVOX||Goldman Sachs Target Date 2035||Fund|
|GTVSX||Goldman Sachs Target Date 2050||Fund|
|FPPXX||Government Obligations Fund Cl||Fund|
|ELKMF||Gold Road Resources Limited||Stock|
|GCGAX||Goldman Sachs Concentrated Gro||Fund|