This module allows you to analyze existing cross correlation between S&P 500 and All Ords. You can compare the effects of market volatilities on SP 500 and All Ords 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 SP 500 with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and All Ords.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SP 500 is expected to generate 8.41 times less return on investment than All Ords. But when comparing it to its historical volatility, S&P 500 is 1.05 times less risky than All Ords. It trades about 0.02 of its potential returns per unit of risk. All Ords is currently generating about 0.16 of returns per unit of risk over similar time horizon. If you would invest 596,790 in All Ords on October 20, 2017 and sell it today you would earn a total of 7,690 from holding All Ords or generate 1.29% return on investment over 30 days.