This module allows you to analyze existing cross correlation between ATX and IBEX 35. You can compare the effects of market volatilities on ATX and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and IBEX 35.
|Time Horizon||30 Days Login to change|
ATX vs. IBEX 35
Given the investment horizon of 30 days, ATX is expected to generate 1.16 times more return on investment than IBEX 35. However, ATX is 1.16 times more volatile than IBEX 35. It trades about 0.04 of its potential returns per unit of risk. IBEX 35 is currently generating about 0.02 per unit of risk. If you would invest 342,732 in ATX on March 23, 2018 and sell it today you would earn a total of 5,363 from holding ATX or generate 1.56% return on investment over 30 days.