This module allows you to analyze existing cross correlation between DOW and NZSE. You can compare the effects of market volatilities on DOW and NZSE 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 DOW with a short position of NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of DOW and NZSE.
|Time Horizon||30 Days Login to change|
DOW vs. NZSE
Given the investment horizon of 30 days, DOW is expected to under-perform the NZSE. In addition to that, DOW is 2.28 times more volatile than NZSE. It trades about -0.02 of its total potential returns per unit of risk. NZSE is currently generating about 0.04 per unit of volatility. If you would invest 817,913 in NZSE on March 23, 2018 and sell it today you would earn a total of 9,428 from holding NZSE or generate 1.15% return on investment over 30 days.