This module allows you to analyze existing cross correlation between Yobit Iconic USD and Coinroom ZCoin USD. You can compare the effects of market volatilities on Yobit Iconic 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 Iconic with a short position of Coinroom ZCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Iconic and Coinroom ZCoin.
|Time Horizon||30 Days Login to change|
Yobit Iconic USD vs. Coinroom ZCoin USD
Assuming 30 trading days horizon, Yobit Iconic USD is expected to generate 3.03 times more return on investment than Coinroom ZCoin. However, Yobit Iconic is 3.03 times more volatile than Coinroom ZCoin USD. It trades about 0.08 of its potential returns per unit of risk. Coinroom ZCoin USD is currently generating about -0.19 per unit of risk. If you would invest 5.85 in Yobit Iconic USD on May 24, 2018 and sell it today you would lose (1.25) from holding Yobit Iconic USD or give up 21.41% of portfolio value over 30 days.