This module allows you to analyze existing cross correlation between Quoine NEO USD and Coinbase Bitcoin USD. You can compare the effects of market volatilities on Quoine NEO and Coinbase 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 NEO with a short position of Coinbase Bitcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Quoine NEO and Coinbase Bitcoin.
|Time Horizon||30 Days Login to change|
Quoine NEO USD vs. Coinbase Bitcoin USD
Assuming 30 trading days horizon, Quoine NEO USD is expected to under-perform the Coinbase Bitcoin. In addition to that, Quoine NEO is 1.01 times more volatile than Coinbase Bitcoin USD. It trades about -0.38 of its total potential returns per unit of risk. Coinbase Bitcoin USD is currently generating about -0.19 per unit of volatility. If you would invest 752,400 in Coinbase Bitcoin USD on May 23, 2018 and sell it today you would lose (154,967) from holding Coinbase Bitcoin USD or give up 20.6% of portfolio value over 30 days.