This module allows you to analyze existing cross correlation between DAX and S&P 500. You can compare the effects of market volatilities on DAX and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and SP 500.
|Time Horizon||30 Days Login to change|
DAX vs. S&P 500
Assuming 30 trading days horizon, DAX is expected to generate 0.73 times more return on investment than SP 500. However, DAX is 1.37 times less risky than SP 500. It trades about 0.04 of its potential returns per unit of risk. S&P 500 is currently generating about 0.0 per unit of risk. If you would invest 1,238,560 in DAX on March 20, 2018 and sell it today you would earn a total of 20,523 from holding DAX or generate 1.66% return on investment over 30 days.