This module allows you to analyze existing cross correlation between CAC 40 and NYSE. You can compare the effects of market volatilities on CAC 40 and NYSE 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 CAC 40 with a short position of NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of CAC 40 and NYSE.
|Time Horizon||30 Days Login to change|
CAC 40 vs. NYSE
Assuming 30 trading days horizon, CAC 40 is expected to under-perform the NYSE. In addition to that, CAC 40 is 1.13 times more volatile than NYSE. It trades about -0.17 of its total potential returns per unit of risk. NYSE is currently generating about 0.03 per unit of volatility. If you would invest 1,268,701 in NYSE on May 19, 2018 and sell it today you would earn a total of 4,763 from holding NYSE or generate 0.38% return on investment over 30 days.