This module allows you to analyze existing cross correlation between Bovespa and OSE All. You can compare the effects of market volatilities on Bovespa and OSE All 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 OSE All. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and OSE All.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to under-perform the OSE All. But the index apears to be less risky and, when comparing its historical volatility, Bovespa is 1.06 times less risky than OSE All. The index trades about -0.03 of its potential returns per unit of risk. The OSE All is currently generating about -0.01 of returns per unit of risk over similar time horizon. If you would invest 90,331 in OSE All on February 19, 2018 and sell it today you would lose (270.00) from holding OSE All or give up 0.3% of portfolio value over 30 days.