This module allows you to analyze existing cross correlation between ATX and FTSE MIB. You can compare the effects of market volatilities on ATX and FTSE MIB 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 FTSE MIB. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and FTSE MIB.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, ATX is expected to under-perform the FTSE MIB. But the index apears to be less risky and, when comparing its historical volatility, ATX is 1.02 times less risky than FTSE MIB. The index trades about -0.15 of its potential returns per unit of risk. The FTSE MIB is currently generating about -0.08 of returns per unit of risk over similar time horizon. If you would invest 2,234,685 in FTSE MIB on October 20, 2017 and sell it today you would lose (25,390) from holding FTSE MIB or give up 1.14% of portfolio value over 30 days.