|Horizon||30 Days Login to change|
All Ords vs. NZSE
Assuming 30 trading days horizon, All Ords is expected to under-perform the NZSE. But the index apears to be less risky and, when comparing its historical volatility, All Ords is 1.31 times less risky than NZSE. The index trades about -0.09 of its potential returns per unit of risk. The NZSE is currently generating about 0.17 of returns per unit of risk over similar time horizon. If you would invest 914,115 in NZSE on August 22, 2018 and sell it today you would earn a total of 23,482 from holding NZSE or generate 2.57% return on investment over 30 days.
Pair Corralation between All Ords and NZSE