This module allows you to analyze existing cross correlation between Yobit Iconic USD and LiveCoin Stratis USD. You can compare the effects of market volatilities on Yobit Iconic and LiveCoin Stratis 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 LiveCoin Stratis. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Iconic and LiveCoin Stratis.
|Time Horizon||30 Days Login to change|
Yobit Iconic USD vs. LiveCoin Stratis USD
Assuming 30 trading days horizon, Yobit Iconic USD is expected to generate 3.84 times more return on investment than LiveCoin Stratis. However, Yobit Iconic is 3.84 times more volatile than LiveCoin Stratis USD. It trades about 0.03 of its potential returns per unit of risk. LiveCoin Stratis USD is currently generating about -0.3 per unit of risk. If you would invest 7.56 in Yobit Iconic USD on May 19, 2018 and sell it today you would lose (2.96) from holding Yobit Iconic USD or give up 39.13% of portfolio value over 30 days.