This module allows you to analyze existing cross correlation between Bovespa and BSE. You can compare the effects of market volatilities on Bovespa and BSE 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 Bovespa with a short position of BSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and BSE.
|Time Horizon||30 Days Login to change|
Bovespa vs. BSE
Assuming 30 trading days horizon, Bovespa is expected to under-perform the BSE. In addition to that, Bovespa is 1.05 times more volatile than BSE. It trades about -0.03 of its total potential returns per unit of risk. BSE is currently generating about 0.04 per unit of volatility. If you would invest 3,381,950 in BSE on March 24, 2018 and sell it today you would earn a total of 58,437 from holding BSE or generate 1.73% return on investment over 30 days.