This module allows you to analyze existing cross correlation between DAX and ATX. You can compare the effects of market volatilities on DAX and ATX 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 DAX with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and ATX.
|Time Horizon||30 Days Login to change|
DAX vs. ATX
Assuming 30 trading days horizon, DAX is expected to under-perform the ATX. In addition to that, DAX is 1.18 times more volatile than ATX. It trades about -0.01 of its total potential returns per unit of risk. ATX is currently generating about 0.08 per unit of volatility. If you would invest 340,994 in ATX on March 27, 2018 and sell it today you would earn a total of 10,942 from holding ATX or generate 3.21% return on investment over 30 days.