This module allows you to analyze existing cross correlation between All Ords and NZSE. You can compare the effects of market volatilities on All Ords and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and NZSE.
|Time Horizon||30 Days Login to change|
All Ords vs. NZSE
Assuming 30 trading days horizon, All Ords is expected to generate 2.45 times less return on investment than NZSE. But when comparing it to its historical volatility, All Ords is 1.05 times less risky than NZSE. It trades about 0.1 of its potential returns per unit of risk. NZSE is currently generating about 0.24 of returns per unit of risk over similar time horizon. If you would invest 861,572 in NZSE on May 21, 2018 and sell it today you would earn a total of 29,007 from holding NZSE or generate 3.37% return on investment over 30 days.