This module allows you to analyze existing cross correlation between Yobit EthereumScrypt USD and LiveCoin Emercoin USD. You can compare the effects of market volatilities on Yobit EthereumScrypt and LiveCoin Emercoin 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 Emercoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit EthereumScrypt and LiveCoin Emercoin.
|Time Horizon||30 Days Login to change|
Yobit EthereumScrypt USD vs. LiveCoin Emercoin USD
Assuming 30 trading days horizon, Yobit EthereumScrypt USD is expected to under-perform the LiveCoin Emercoin. In addition to that, Yobit EthereumScrypt is 1.07 times more volatile than LiveCoin Emercoin USD. It trades about -0.2 of its total potential returns per unit of risk. LiveCoin Emercoin USD is currently generating about 0.0 per unit of volatility. If you would invest 274.00 in LiveCoin Emercoin USD on May 24, 2018 and sell it today you would lose (4.00) from holding LiveCoin Emercoin USD or give up 1.46% of portfolio value over 30 days.