This module allows you to analyze existing cross correlation between ATX and NZSE. You can compare the effects of market volatilities on ATX and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and NZSE.
|Time Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the NZSE. In addition to that, ATX is 1.4 times more volatile than NZSE. It trades about -0.25 of its total potential returns per unit of risk. NZSE is currently generating about 0.01 per unit of volatility. If you would invest 831,945 in NZSE on January 25, 2018 and sell it today you would earn a total of 197.00 from holding NZSE or generate 0.02% return on investment over 30 days.