This module allows you to analyze existing cross correlation between Yobit EthereumScrypt USD and Coinroom ZCoin USD. You can compare the effects of market volatilities on Yobit EthereumScrypt and Coinroom ZCoin 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 EthereumScrypt with a short position of Coinroom ZCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit EthereumScrypt and Coinroom ZCoin.
|Time Horizon||30 Days Login to change|
Yobit EthereumScrypt USD vs. Coinroom ZCoin USD
Assuming 30 trading days horizon, Yobit EthereumScrypt USD is expected to under-perform the Coinroom ZCoin. But the crypto apears to be less risky and, when comparing its historical volatility, Yobit EthereumScrypt USD is 1.2 times less risky than Coinroom ZCoin. The crypto trades about -0.26 of its potential returns per unit of risk. The Coinroom ZCoin USD is currently generating about -0.21 of returns per unit of risk over similar time horizon. If you would invest 3,566 in Coinroom ZCoin USD on May 19, 2018 and sell it today you would lose (1,859) from holding Coinroom ZCoin USD or give up 52.13% of portfolio value over 30 days.