This module allows you to analyze existing cross correlation between ATX and NYSE. You can compare the effects of market volatilities on ATX and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and NYSE.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 1.59 times more return on investment than NYSE. However, ATX is 1.59 times more volatile than NYSE. It trades about 0.53 of its potential returns per unit of risk. NYSE is currently generating about 0.58 per unit of risk. If you would invest 340,689 in ATX on December 18, 2017 and sell it today you would earn a total of 22,119 from holding ATX or generate 6.49% return on investment over 30 days.