This module allows you to analyze existing cross correlation between Quoine Bitcoin USD and Cexio Bitcoin USD. You can compare the effects of market volatilities on Quoine Bitcoin and Cexio Bitcoin 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 Quoine Bitcoin with a short position of Cexio Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Quoine Bitcoin and Cexio Bitcoin.
|Time Horizon||30 Days Login to change|
Quoine Bitcoin USD vs. Cexio Bitcoin USD
Assuming 30 trading days horizon, Quoine Bitcoin USD is expected to under-perform the Cexio Bitcoin. In addition to that, Quoine Bitcoin is 1.03 times more volatile than Cexio Bitcoin USD. It trades about -0.22 of its total potential returns per unit of risk. Cexio Bitcoin USD is currently generating about -0.22 per unit of volatility. If you would invest 848,700 in Cexio Bitcoin USD on May 20, 2018 and sell it today you would lose (170,780) from holding Cexio Bitcoin USD or give up 20.12% of portfolio value over 30 days.