This module allows you to analyze existing cross correlation between Yobit Dogecoin USD and Bitfinex Recovery Right Tokens USD. You can compare the effects of market volatilities on Yobit Dogecoin and Bitfinex Recovery 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 Dogecoin with a short position of Bitfinex Recovery. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Dogecoin and Bitfinex Recovery.
|Time Horizon||30 Days Login to change|
Yobit Dogecoin USD vs. Bitfinex Recovery Right Tokens
Assuming 30 trading days horizon, Yobit Dogecoin USD is expected to generate 0.65 times more return on investment than Bitfinex Recovery. However, Yobit Dogecoin USD is 1.54 times less risky than Bitfinex Recovery. It trades about -0.22 of its potential returns per unit of risk. Bitfinex Recovery Right Tokens USD is currently generating about -0.2 per unit of risk. If you would invest 0.37 in Yobit Dogecoin USD on May 25, 2018 and sell it today you would lose (0.10) from holding Yobit Dogecoin USD or give up 26.35% of portfolio value over 30 days.