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.
|Time Horizon||30 Days Login to change|
ATX vs. MerVal
Given the investment horizon of 30 days, ATX is expected to generate 0.49 times more return on investment than MerVal. However, ATX is 2.05 times less risky than MerVal. It trades about -0.17 of its potential returns per unit of risk. MerVal is currently generating about -0.11 per unit of risk. If you would invest 346,130 in ATX on May 19, 2018 and sell it today you would lose (14,442) from holding ATX or give up 4.17% of portfolio value over 30 days.