This module allows you to analyze existing cross correlation between Yobit EthereumScrypt USD and Poloniex Monero USD. You can compare the effects of market volatilities on Yobit EthereumScrypt and Poloniex Monero 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 Poloniex Monero. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit EthereumScrypt and Poloniex Monero.
|Time Horizon||30 Days Login to change|
Yobit EthereumScrypt USD vs. Poloniex Monero USD
Assuming 30 trading days horizon, Yobit EthereumScrypt USD is expected to generate 0.05 times more return on investment than Poloniex Monero. However, Yobit EthereumScrypt USD is 21.56 times less risky than Poloniex Monero. It trades about -0.18 of its potential returns per unit of risk. Poloniex Monero USD is currently generating about -0.21 per unit of risk. 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.