This module allows you to analyze existing cross correlation between Bovespa and Madrid Gnrl. You can compare the effects of market volatilities on Bovespa and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Bovespa vs. Madrid Gnrl
Assuming 30 trading days horizon, Bovespa is expected to under-perform the Madrid Gnrl. In addition to that, Bovespa is 1.26 times more volatile than Madrid Gnrl. It trades about -0.23 of its total potential returns per unit of risk. Madrid Gnrl is currently generating about 0.01 per unit of volatility. If you would invest 98,874 in Madrid Gnrl on May 26, 2018 and sell it today you would earn a total of 205.00 from holding Madrid Gnrl or generate 0.21% return on investment over 30 days.