This module allows you to analyze existing cross correlation between Yobit MaxCoin USD and Yobit Waves USD. You can compare the effects of market volatilities on Yobit MaxCoin 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 MaxCoin with a short position of Yobit Waves. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit MaxCoin and Yobit Waves.
|Time Horizon||30 Days Login to change|
Yobit MaxCoin USD vs. Yobit Waves USD
Assuming 30 trading days horizon, Yobit MaxCoin USD is expected to generate 2.61 times more return on investment than Yobit Waves. However, Yobit MaxCoin is 2.61 times more volatile than Yobit Waves USD. It trades about 0.1 of its potential returns per unit of risk. Yobit Waves USD is currently generating about -0.33 per unit of risk. If you would invest 6.50 in Yobit MaxCoin USD on May 19, 2018 and sell it today you would earn a total of 1.00 from holding Yobit MaxCoin USD or generate 15.38% return on investment over 30 days.