This module allows you to analyze existing cross correlation between Bovespa and FTSE MIB. You can compare the effects of market volatilities on Bovespa and FTSE MIB 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 FTSE MIB. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and FTSE MIB.
|Time Horizon||30 Days Login to change|
Bovespa vs. FTSE MIB
Assuming 30 trading days horizon, Bovespa is expected to generate 0.02 times more return on investment than FTSE MIB. However, Bovespa is 43.54 times less risky than FTSE MIB. It trades about -0.33 of its potential returns per unit of risk. FTSE MIB is currently generating about -0.58 per unit of risk. If you would invest 8,254,182 in Bovespa on May 20, 2018 and sell it today you would lose (1,062,505) from holding Bovespa or give up 12.87% of portfolio value over 30 days.