This module allows you to analyze existing cross correlation between Quoine Bitcoin USD and Exmo Bitcoin USD. You can compare the effects of market volatilities on Quoine Bitcoin and Exmo 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 Exmo Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Quoine Bitcoin and Exmo Bitcoin.
|Time Horizon||30 Days Login to change|
Quoine Bitcoin USD vs. Exmo Bitcoin USD
Assuming 30 trading days horizon, Quoine Bitcoin USD is expected to generate 1.18 times more return on investment than Exmo Bitcoin. However, Quoine Bitcoin is 1.18 times more volatile than Exmo Bitcoin USD. It trades about -0.12 of its potential returns per unit of risk. Exmo Bitcoin USD is currently generating about -0.16 per unit of risk. If you would invest 760,211 in Quoine Bitcoin USD on May 22, 2018 and sell it today you would lose (86,968) from holding Quoine Bitcoin USD or give up 11.44% of portfolio value over 30 days.