This module allows you to analyze existing cross correlation between SPTSX Comp and ISEQ. You can compare the effects of market volatilities on SPTSX Comp and ISEQ 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 ISEQ. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and ISEQ.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 1.72 times less return on investment than ISEQ. But when comparing it to its historical volatility, SPTSX Comp is 1.58 times less risky than ISEQ. It trades about 0.14 of its potential returns per unit of risk. ISEQ is currently generating about 0.15 of returns per unit of risk over similar time horizon. If you would invest 698,090 in ISEQ on December 20, 2017 and sell it today you would earn a total of 9,247 from holding ISEQ or generate 1.32% return on investment over 30 days.