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, S&P 500 is expected to generate 1.1 times more return on investment than NYSE. However, SP 500 is 1.1 times more volatile than NYSE. It trades about 0.04 of its potential returns per unit of risk. NYSE is currently generating about -0.03 per unit of risk. If you would invest 273,120 in S&P 500 on February 15, 2018 and sell it today you would earn a total of 1,613 from holding S&P 500 or generate 0.59% return on investment over 30 days.