This module allows you to analyze existing cross correlation between Bovespa and XU100. You can compare the effects of market volatilities on Bovespa and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of Bovespa and XU100.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Bovespa is expected to under-perform the XU100. In addition to that, Bovespa is 1.03 times more volatile than XU100. It trades about -0.08 of its total potential returns per unit of risk. XU100 is currently generating about -0.03 per unit of volatility. If you would invest 10,720,631 in XU100 on October 24, 2017 and sell it today you would lose (124,231) from holding XU100 or give up 1.16% of portfolio value over 30 days.