This module allows you to analyze existing cross correlation between ATX and BSE. You can compare the effects of market volatilities on ATX and BSE 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 BSE. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and BSE.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the BSE. In addition to that, ATX is 1.05 times more volatile than BSE. It trades about -0.15 of its total potential returns per unit of risk. BSE is currently generating about 0.23 per unit of volatility. If you would invest 3,238,996 in BSE on October 20, 2017 and sell it today you would earn a total of 95,284 from holding BSE or generate 2.94% return on investment over 30 days.