This module allows you to analyze existing cross correlation between ATX and XU100. You can compare the effects of market volatilities on ATX and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of ATX and XU100.
|Time Horizon||30 Days Login to change|
ATX vs. XU100
Given the investment horizon of 30 days, ATX is expected to generate 0.47 times more return on investment than XU100. However, ATX is 2.12 times less risky than XU100. It trades about -0.11 of its potential returns per unit of risk. XU100 is currently generating about -0.14 per unit of risk. If you would invest 337,655 in ATX on May 26, 2018 and sell it today you would lose (8,981) from holding ATX or give up 2.66% of portfolio value over 30 days.