This module allows you to analyze existing cross correlation between S&P 500 and Stockholm. You can compare the effects of market volatilities on SP 500 and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of SP 500 and Stockholm.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.65 times more return on investment than Stockholm. However, S&P 500 is 1.53 times less risky than Stockholm. It trades about 0.08 of its potential returns per unit of risk. Stockholm is currently generating about -0.14 per unit of risk. If you would invest 256,210 in S&P 500 on October 19, 2017 and sell it today you would earn a total of 1,675 from holding S&P 500 or generate 0.65% return on investment over 30 days.