This module allows you to analyze existing cross correlation between Bovespa and Russia TR. You can compare the effects of market volatilities on Bovespa and Russia TR 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and Russia TR.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to under-perform the Russia TR. In addition to that, Bovespa is 1.34 times more volatile than Russia TR. It trades about -0.13 of its total potential returns per unit of risk. Russia TR is currently generating about 0.02 per unit of volatility. If you would invest 100,092 in Russia TR on October 20, 2017 and sell it today you would earn a total of 425 from holding Russia TR or generate 0.42% return on investment over 30 days.