This module allows you to analyze existing cross correlation between ATX and All Ords. You can compare the effects of market volatilities on ATX and All Ords 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 ATX with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and All Ords.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the All Ords. In addition to that, ATX is 1.78 times more volatile than All Ords. It trades about -0.17 of its total potential returns per unit of risk. All Ords is currently generating about 0.19 per unit of volatility. If you would invest 595,670 in All Ords on October 21, 2017 and sell it today you would earn a total of 8,810 from holding All Ords or generate 1.48% return on investment over 30 days.