This module allows you to analyze existing cross correlation between SPTSX Comp and All Ords. You can compare the effects of market volatilities on SPTSX Comp and All Ords 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 SPTSX Comp with a short position of All Ords. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and All Ords.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.85 times more return on investment than All Ords. However, SPTSX Comp is 1.17 times less risky than All Ords. It trades about 0.19 of its potential returns per unit of risk. All Ords is currently generating about 0.09 per unit of risk. If you would invest 1,613,164 in SPTSX Comp on December 17, 2017 and sell it today you would earn a total of 16,724 from holding SPTSX Comp or generate 1.04% return on investment over 30 days.