This module allows you to analyze existing cross correlation between All Ords and Nasdaq. You can compare the effects of market volatilities on All Ords and Nasdaq 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 All Ords with a short position of Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and Nasdaq.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, All Ords is expected to generate 4.45 times less return on investment than Nasdaq. But when comparing it to its historical volatility, All Ords is 1.73 times less risky than Nasdaq. It trades about 0.03 of its potential returns per unit of risk. Nasdaq is currently generating about 0.07 of returns per unit of risk over similar time horizon. If you would invest 723,431 in Nasdaq on February 19, 2018 and sell it today you would earn a total of 10,993 from holding Nasdaq or generate 1.52% return on investment over 30 days.