This module allows you to analyze existing cross correlation between S&P 500 and NYSE. You can compare the effects of market volatilities on SP 500 and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and NYSE.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SP 500 is expected to generate 1.05 times less return on investment than NYSE. In addition to that, SP 500 is 1.14 times more volatile than NYSE. It trades about 0.54 of its total potential returns per unit of risk. NYSE is currently generating about 0.65 per unit of volatility. If you would invest 1,274,755 in NYSE on December 19, 2017 and sell it today you would earn a total of 60,484 from holding NYSE or generate 4.74% return on investment over 30 days.