This module allows you to analyze existing cross correlation between Yobit Bitcloud USD and Bitstamp Ethereum USD. You can compare the effects of market volatilities on Yobit Bitcloud and Bitstamp Ethereum 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 Bitstamp Ethereum. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Bitcloud and Bitstamp Ethereum.
|Time Horizon||30 Days Login to change|
Yobit Bitcloud USD vs. Bitstamp Ethereum USD
Assuming 30 trading days horizon, Yobit Bitcloud USD is expected to generate 1.11 times more return on investment than Bitstamp Ethereum. However, Yobit Bitcloud is 1.11 times more volatile than Bitstamp Ethereum USD. It trades about 0.03 of its potential returns per unit of risk. Bitstamp Ethereum USD is currently generating about -0.1 per unit of risk. If you would invest 2.00 in Yobit Bitcloud USD on May 24, 2018 and sell it today you would lose 0.00 from holding Yobit Bitcloud USD or give up 0.05% of portfolio value over 30 days.