This module allows you to analyze existing cross correlation between Yobit Ethereum Classic USD and Poloniex Monero USD. You can compare the effects of market volatilities on Yobit Ethereum and Poloniex Monero 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 Ethereum with a short position of Poloniex Monero. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Ethereum and Poloniex Monero.
|Time Horizon||30 Days Login to change|
Yobit Ethereum Classic USD vs. Poloniex Monero USD
Assuming 30 trading days horizon, Yobit Ethereum Classic USD is expected to generate 0.9 times more return on investment than Poloniex Monero. However, Yobit Ethereum Classic USD is 1.11 times less risky than Poloniex Monero. It trades about -0.09 of its potential returns per unit of risk. Poloniex Monero USD is currently generating about -0.23 per unit of risk. If you would invest 1,825 in Yobit Ethereum Classic USD on May 20, 2018 and sell it today you would lose (286.00) from holding Yobit Ethereum Classic USD or give up 15.67% of portfolio value over 30 days.