This module allows you to analyze existing cross correlation between Yobit MaxCoin USD and Yobit SpaceCoin USD. You can compare the effects of market volatilities on Yobit MaxCoin and Yobit SpaceCoin 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 MaxCoin with a short position of Yobit SpaceCoin. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit MaxCoin and Yobit SpaceCoin.
|Time Horizon||30 Days Login to change|
Yobit MaxCoin USD vs. Yobit SpaceCoin USD
Assuming 30 trading days horizon, Yobit MaxCoin is expected to generate 4.29 times less return on investment than Yobit SpaceCoin. But when comparing it to its historical volatility, Yobit MaxCoin USD is 2.32 times less risky than Yobit SpaceCoin. It trades about 0.07 of its potential returns per unit of risk. Yobit SpaceCoin USD is currently generating about 0.12 of returns per unit of risk over similar time horizon. If you would invest 0.46 in Yobit SpaceCoin USD on May 24, 2018 and sell it today you would lose (0.02) from holding Yobit SpaceCoin USD or give up 3.45% of portfolio value over 30 days.