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RE: Steemit Crypto Academy Contest S16W1 : Cross Assest Correlation Analysis
You explain that cross co relation is basically we are using to see the common things in the movement of two things are two factors are any investment over a period of time. Yes correlation actually means, relating two things. Here the investors actually use it commonly to see the two stock movement and to see the loss. According to you portfolio need a diversification.
Yes this is very true that diversification helps us alot to decrease the risk Ratio. You have explained very well all the matters of cross assets correlation. The graphs and comparison of Steem with other crypto currencies are very much perfect.
Wish you good luck in the contest friend.
Thank you so much my friend for visiting and such valuable feedback