This module allows you to analyze existing cross correlation between Yobit EthereumScrypt USD and Yobit Waves USD. You can compare the effects of market volatilities on Yobit EthereumScrypt and Yobit Waves 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 Yobit Waves. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit EthereumScrypt and Yobit Waves.
|Time Horizon||30 Days Login to change|
Yobit EthereumScrypt USD vs. Yobit Waves USD
Assuming 30 trading days horizon, Yobit EthereumScrypt USD is expected to under-perform the Yobit Waves. In addition to that, Yobit EthereumScrypt is 1.44 times more volatile than Yobit Waves USD. It trades about -0.25 of its total potential returns per unit of risk. Yobit Waves USD is currently generating about -0.29 per unit of volatility. If you would invest 615.00 in Yobit Waves USD on May 19, 2018 and sell it today you would lose (250.00) from holding Yobit Waves USD or give up 40.65% of portfolio value over 30 days.