This module allows you to analyze existing cross correlation between All Ords and MerVal. You can compare the effects of market volatilities on All Ords and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and MerVal.
|Time Horizon||30 Days Login to change|
All Ords vs. MerVal
Assuming 30 trading days horizon, All Ords is expected to generate 0.57 times more return on investment than MerVal. However, All Ords is 1.75 times less risky than MerVal. It trades about -0.08 of its potential returns per unit of risk. MerVal is currently generating about -0.1 per unit of risk. If you would invest 610,520 in All Ords on March 25, 2018 and sell it today you would lose (15,280) from holding All Ords or give up 2.5% of portfolio value over 30 days.