This module allows you to analyze existing cross correlation between Yobit Iconic USD and Poloniex Monero USD. You can compare the effects of market volatilities on Yobit Iconic 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 Iconic with a short position of Poloniex Monero. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Iconic and Poloniex Monero.
|Time Horizon||30 Days Login to change|
Yobit Iconic USD vs. Poloniex Monero USD
Assuming 30 trading days horizon, Yobit Iconic USD is expected to generate 4.57 times more return on investment than Poloniex Monero. However, Yobit Iconic is 4.57 times more volatile than Poloniex Monero USD. It trades about 0.1 of its potential returns per unit of risk. Poloniex Monero USD is currently generating about -0.26 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 (0.57) from holding Yobit Iconic USD or give up 7.52% of portfolio value over 30 days.