This module allows you to analyze existing cross correlation between DAX and Madrid Gnrl. You can compare the effects of market volatilities on DAX and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
DAX vs. Madrid Gnrl
Assuming 30 trading days horizon, DAX is expected to generate 1.38 times more return on investment than Madrid Gnrl. However, DAX is 1.38 times more volatile than Madrid Gnrl. It trades about 0.01 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.01 per unit of risk. If you would invest 1,246,191 in DAX on March 24, 2018 and sell it today you would earn a total of 5,167 from holding DAX or generate 0.41% return on investment over 30 days.