Correlation Between Staked Ether and Bitcoin SV

Can any of the company-specific risk be diversified away by investing in both Staked Ether and Bitcoin SV at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Staked Ether and Bitcoin SV into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Staked Ether and Bitcoin SV, you can compare the effects of market volatilities on Staked Ether and Bitcoin SV 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 Staked Ether with a short position of Bitcoin SV. Check out your portfolio center. Please also check ongoing floating volatility patterns of Staked Ether and Bitcoin SV.

Diversification Opportunities for Staked Ether and Bitcoin SV

0.33

Correlation Coefficient

Staked Ether  Bitcoin SV

Weak diversification

The 3 months correlation between Staked and Bitcoin is 0.33. Overlapping area represents the amount of risk that can be diversified away by holding Staked Ether and Bitcoin SV in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Bitcoin SV and Staked Ether is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Staked Ether are associated (or correlated) with Bitcoin SV. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Bitcoin SV has no effect on the direction of Staked Ether i.e., Staked Ether and Bitcoin SV go up and down completely randomly.

Pair Corralation between Staked Ether and Bitcoin SV

If you would invest  183,809  in Staked Ether on March 31, 2025 and sell it today you would earn a total of  60,235  from holding Staked Ether or generate 32.77% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Very Weak
Accuracy	2.27%
Values	Daily Returns

Staked Ether  vs.  Bitcoin SV

Staked Ether

Risk-Adjusted Performance

OK

Compared to the overall equity markets, risk-adjusted returns on investments in Staked Ether are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady fundamental indicators, Staked Ether exhibited solid returns over the last few months and may actually be approaching a breakup point.

Bitcoin SV

Risk-Adjusted Performance

Weak

Over the last 90 days Bitcoin SV has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather weak basic indicators, Bitcoin SV may actually be approaching a critical reversion point that can send shares even higher in July 2025.

Pair Trading with Staked Ether and Bitcoin SV

The main advantage of trading using opposite Staked Ether and Bitcoin SV positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Staked Ether position performs unexpectedly, Bitcoin SV can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bitcoin SV will offset losses from the drop in Bitcoin SV's long position.

The idea behind Staked Ether and Bitcoin SV pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.