This module allows you to analyze existing cross correlation between ATX and Russell 2000 . You can compare the effects of market volatilities on ATX and Russell 2000 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 Russell 2000. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and Russell 2000.
|Time Horizon||30 Days Login to change|
ATX vs. Russell 2000
Given the investment horizon of 30 days, ATX is expected to generate 0.65 times more return on investment than Russell 2000. However, ATX is 1.53 times less risky than Russell 2000. It trades about 0.05 of its potential returns per unit of risk. Russell 2000 is currently generating about 0.03 per unit of risk. If you would invest 341,726 in ATX on March 24, 2018 and sell it today you would earn a total of 6,369 from holding ATX or generate 1.86% return on investment over 30 days.