This module allows you to analyze existing cross correlation between Yobit Ethereum Classic USD and Yobit Reddcoin USD. You can compare the effects of market volatilities on Yobit Ethereum and Yobit Reddcoin 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 Reddcoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Ethereum and Yobit Reddcoin.
|Time Horizon||30 Days Login to change|
Yobit Ethereum Classic USD vs. Yobit Reddcoin USD
Assuming 30 trading days horizon, Yobit Ethereum Classic USD is expected to generate 0.7 times more return on investment than Yobit Reddcoin. However, Yobit Ethereum Classic USD is 1.44 times less risky than Yobit Reddcoin. It trades about 0.09 of its potential returns per unit of risk. Yobit Reddcoin USD is currently generating about 0.0 per unit of risk. If you would invest 1,573 in Yobit Ethereum Classic USD on May 22, 2018 and sell it today you would earn a total of 152.00 from holding Yobit Ethereum Classic USD or generate 9.66% return on investment over 30 days.