This module allows you to analyze existing cross correlation between Yobit Bitcloud USD and LiveCoin CapriCoin USD. You can compare the effects of market volatilities on Yobit Bitcloud and LiveCoin CapriCoin 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 LiveCoin CapriCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Bitcloud and LiveCoin CapriCoin.
|Time Horizon||30 Days Login to change|
Yobit Bitcloud USD vs. LiveCoin CapriCoin USD
Assuming 30 trading days horizon, Yobit Bitcloud USD is expected to under-perform the LiveCoin CapriCoin. But the crypto apears to be less risky and, when comparing its historical volatility, Yobit Bitcloud USD is 1.28 times less risky than LiveCoin CapriCoin. The crypto trades about -0.07 of its potential returns per unit of risk. The LiveCoin CapriCoin USD is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 85.54 in LiveCoin CapriCoin USD on May 19, 2018 and sell it today you would earn a total of 33.46 from holding LiveCoin CapriCoin USD or generate 39.12% return on investment over 30 days.