This module allows you to analyze existing cross correlation between S&P 500 and Russia TR. You can compare the effects of market volatilities on SP 500 and Russia 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and Russia TR.
|Time Horizon||30 Days Login to change|
S&P 500 vs. Russia TR
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.39 times more return on investment than Russia TR. However, S&P 500 is 2.54 times less risky than Russia TR. It trades about 0.08 of its potential returns per unit of risk. Russia TR is currently generating about -0.2 per unit of risk. If you would invest 273,301 in S&P 500 on May 21, 2018 and sell it today you would earn a total of 2,956 from holding S&P 500 or generate 1.08% return on investment over 30 days.