This module allows you to analyze existing cross correlation between Yobit SpaceCoin USD and Yobit Rimbit USD. You can compare the effects of market volatilities on Yobit SpaceCoin and Yobit Rimbit 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 SpaceCoin with a short position of Yobit Rimbit. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit SpaceCoin and Yobit Rimbit.
|Time Horizon||30 Days Login to change|
Yobit SpaceCoin USD vs. Yobit Rimbit USD
Assuming 30 trading days horizon, Yobit SpaceCoin is expected to generate 2.17 times less return on investment than Yobit Rimbit. But when comparing it to its historical volatility, Yobit SpaceCoin USD is 1.31 times less risky than Yobit Rimbit. It trades about 0.12 of its potential returns per unit of risk. Yobit Rimbit USD is currently generating about 0.2 of returns per unit of risk over similar time horizon. If you would invest 0.11 in Yobit Rimbit USD on May 18, 2018 and sell it today you would earn a total of 0.09 from holding Yobit Rimbit USD or generate 77.36% return on investment over 30 days.