This module allows you to analyze existing cross correlation between Yobit Waves USD and Poloniex Augur USD. You can compare the effects of market volatilities on Yobit Waves and Poloniex Augur 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 Waves with a short position of Poloniex Augur. See also your portfolio center. Please also check ongoing floating volatility patterns of Yobit Waves and Poloniex Augur.
|Time Horizon||30 Days Login to change|
Yobit Waves USD vs. Poloniex Augur USD
Assuming 30 trading days horizon, Yobit Waves USD is expected to under-perform the Poloniex Augur. But the crypto apears to be less risky and, when comparing its historical volatility, Yobit Waves USD is 1.23 times less risky than Poloniex Augur. The crypto trades about -0.25 of its potential returns per unit of risk. The Poloniex Augur USD is currently generating about -0.09 of returns per unit of risk over similar time horizon. If you would invest 3,827 in Poloniex Augur USD on May 26, 2018 and sell it today you would lose (775.00) from holding Poloniex Augur USD or give up 20.25% of portfolio value over 30 days.