This module allows you to analyze existing cross correlation between ATX and SPTSX Comp. You can compare the effects of market volatilities on ATX and SPTSX Comp 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 SPTSX Comp. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and SPTSX Comp.
|Time Horizon||30 Days Login to change|
ATX vs. SPTSX Comp
Given the investment horizon of 30 days, ATX is expected to generate 1.26 times more return on investment than SPTSX Comp. However, ATX is 1.26 times more volatile than SPTSX Comp. It trades about 0.02 of its potential returns per unit of risk. SPTSX Comp is currently generating about 0.02 per unit of risk. If you would invest 340,296 in ATX on March 20, 2018 and sell it today you would earn a total of 2,235 from holding ATX or generate 0.66% return on investment over 30 days.