This module allows you to analyze existing cross correlation between S&P 500 and Greece TR. You can compare the effects of market volatilities on SP 500 and Greece TR 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 Greece TR. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and Greece TR.
|Time Horizon||30 Days Login to change|
S&P 500 vs. Greece TR
Assuming 30 trading days horizon, S&P 500 is expected to under-perform the Greece TR. In addition to that, SP 500 is 1.01 times more volatile than Greece TR. It trades about -0.02 of its total potential returns per unit of risk. Greece TR is currently generating about -0.01 per unit of volatility. If you would invest 62,058 in Greece TR on March 22, 2018 and sell it today you would lose (727.70) from holding Greece TR or give up 1.17% of portfolio value over 30 days.