This module allows you to analyze existing cross correlation between Yobit EthereumScrypt USD and LiveCoin E-Dinar Coin USD. You can compare the effects of market volatilities on Yobit EthereumScrypt and LiveCoin E-Dinar 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 LiveCoin E-Dinar. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit EthereumScrypt and LiveCoin E-Dinar.
|Time Horizon||30 Days Login to change|
Yobit EthereumScrypt USD vs. LiveCoin E-Dinar Coin USD
Assuming 30 trading days horizon, Yobit EthereumScrypt USD is expected to under-perform the LiveCoin E-Dinar. But the crypto apears to be less risky and, when comparing its historical volatility, Yobit EthereumScrypt USD is 1.3 times less risky than LiveCoin E-Dinar. The crypto trades about -0.25 of its potential returns per unit of risk. The LiveCoin E-Dinar Coin USD is currently generating about -0.04 of returns per unit of risk over similar time horizon. If you would invest 1.40 in LiveCoin E-Dinar Coin USD on May 19, 2018 and sell it today you would lose (0.36) from holding LiveCoin E-Dinar Coin USD or give up 25.61% of portfolio value over 30 days.