This module allows you to analyze existing cross correlation between Yobit Bitcloud USD and Bitfinex SingularDTV USD. You can compare the effects of market volatilities on Yobit Bitcloud and Bitfinex SingularDTV 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 Yobit Bitcloud with a short position of Bitfinex SingularDTV. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Bitcloud and Bitfinex SingularDTV.
|Time Horizon||30 Days Login to change|
Yobit Bitcloud USD vs. Bitfinex SingularDTV USD
Assuming 30 trading days horizon, Yobit Bitcloud USD is expected to generate 0.89 times more return on investment than Bitfinex SingularDTV. However, Yobit Bitcloud USD is 1.13 times less risky than Bitfinex SingularDTV. It trades about -0.07 of its potential returns per unit of risk. Bitfinex SingularDTV USD is currently generating about -0.22 per unit of risk. If you would invest 2.50 in Yobit Bitcloud USD on May 18, 2018 and sell it today you would lose (0.50) from holding Yobit Bitcloud USD or give up 20.0% of portfolio value over 30 days.