This module allows you to analyze existing cross correlation between Bovespa and DAX. You can compare the effects of market volatilities on Bovespa and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and DAX.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to generate 1.31 times more return on investment than DAX. However, Bovespa is 1.31 times more volatile than DAX. It trades about 0.15 of its potential returns per unit of risk. DAX is currently generating about -0.27 per unit of risk. If you would invest 8,368,000 in Bovespa on January 25, 2018 and sell it today you would earn a total of 361,324 from holding Bovespa or generate 4.32% return on investment over 30 days.