This module allows you to analyze existing cross correlation between ATX and Stockholm. You can compare the effects of market volatilities on ATX and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Stockholm.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to generate 1.27 times more return on investment than Stockholm. However, ATX is 1.27 times more volatile than Stockholm. It trades about -0.15 of its potential returns per unit of risk. Stockholm is currently generating about -0.24 per unit of risk. If you would invest 338,315 in ATX on October 20, 2017 and sell it today you would lose (6,845) from holding ATX or give up 2.02% of portfolio value over 30 days.