This module allows you to analyze existing cross correlation between Poloniex Stellar USD and Yobit Dogecoin USD. You can compare the effects of market volatilities on Poloniex Stellar and Yobit Dogecoin 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 Stellar with a short position of Yobit Dogecoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Poloniex Stellar and Yobit Dogecoin.
|Time Horizon||30 Days Login to change|
Poloniex Stellar USD vs. Yobit Dogecoin USD
Assuming 30 trading days horizon, Poloniex Stellar USD is expected to under-perform the Yobit Dogecoin. In addition to that, Poloniex Stellar is 1.25 times more volatile than Yobit Dogecoin USD. It trades about -0.2 of its total potential returns per unit of risk. Yobit Dogecoin USD is currently generating about -0.18 per unit of volatility. If you would invest 0.37 in Yobit Dogecoin USD on May 23, 2018 and sell it today you would lose (0.08) from holding Yobit Dogecoin USD or give up 21.38% of portfolio value over 30 days.