This module allows you to analyze existing cross correlation between All Ords and Madrid Gnrl. You can compare the effects of market volatilities on All Ords and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of All Ords and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, All Ords is expected to generate 0.74 times more return on investment than Madrid Gnrl. However, All Ords is 1.35 times less risky than Madrid Gnrl. It trades about 0.02 of its potential returns per unit of risk. Madrid Gnrl is currently generating about -0.03 per unit of risk. If you would invest 604,400 in All Ords on February 18, 2018 and sell it today you would earn a total of 1,090 from holding All Ords or generate 0.18% return on investment over 30 days.