This module allows you to analyze existing cross correlation between ATX and MerVal. You can compare the effects of market volatilities on ATX and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and MerVal.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the MerVal. But the index apears to be less risky and, when comparing its historical volatility, ATX is 3.587069660923379E14 times less risky than MerVal. The index trades about -0.22 of its potential returns per unit of risk. The MerVal is currently generating about 0.22 of returns per unit of risk over similar time horizon. If you would invest 2,782,865 in MerVal on October 26, 2017 and sell it today you would lose (36,387) from holding MerVal or give up 1.31% of portfolio value over 30 days.