This module allows you to analyze existing cross correlation between Yobit Ethereum Classic USD and Yobit EthereumScrypt USD. You can compare the effects of market volatilities on Yobit Ethereum and Yobit EthereumScrypt 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 Yobit EthereumScrypt. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Ethereum and Yobit EthereumScrypt.
|Time Horizon||30 Days Login to change|
Yobit Ethereum Classic USD vs. Yobit EthereumScrypt USD
Assuming 30 trading days horizon, Yobit Ethereum Classic USD is expected to under-perform the Yobit EthereumScrypt. In addition to that, Yobit Ethereum is 20.35 times more volatile than Yobit EthereumScrypt USD. It trades about -0.05 of its total potential returns per unit of risk. Yobit EthereumScrypt USD is currently generating about -0.18 per unit of volatility. If you would invest 0.98 in Yobit EthereumScrypt USD on May 25, 2018 and sell it today you would lose (0.01) from holding Yobit EthereumScrypt USD or give up 1.46% of portfolio value over 30 days.