This module allows you to analyze existing cross correlation between SPTSX Comp and Bovespa. You can compare the effects of market volatilities on SPTSX Comp and Bovespa 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 Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Bovespa.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. Bovespa
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.79 times more return on investment than Bovespa. However, SPTSX Comp is 1.27 times less risky than Bovespa. It trades about -0.01 of its potential returns per unit of risk. Bovespa is currently generating about -0.04 per unit of risk. If you would invest 1,563,845 in SPTSX Comp on March 25, 2018 and sell it today you would lose (8,639) from holding SPTSX Comp or give up 0.55% of portfolio value over 30 days.