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.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to generate 0.74 times more return on investment than Russia TR. However, Bovespa is 1.36 times less risky than Russia TR. It trades about -0.12 of its potential returns per unit of risk. Russia TR is currently generating about -0.1 per unit of risk. If you would invest 8,668,645 in Bovespa on February 22, 2018 and sell it today you would lose (191,857) from holding Bovespa or give up 2.21% of portfolio value over 30 days.