This module allows you to analyze existing cross correlation between DAX and FTSE MIB. You can compare the effects of market volatilities on DAX and FTSE MIB 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 FTSE MIB. See also your portfolio center. Please also check ongoing floating volatility patterns of DAX and FTSE MIB.
|Time Horizon||30 Days Login to change|
DAX vs. FTSE MIB
Assuming 30 trading days horizon, DAX is expected to generate 0.01 times more return on investment than FTSE MIB. However, DAX is 73.59 times less risky than FTSE MIB. It trades about -0.21 of its potential returns per unit of risk. FTSE MIB is currently generating about -0.58 per unit of risk. If you would invest 1,316,992 in DAX on May 22, 2018 and sell it today you would lose (65,801) from holding DAX or give up 5.0% of portfolio value over 30 days.