This module allows you to analyze existing cross correlation between SPTSX Comp and MerVal. You can compare the effects of market volatilities on SPTSX Comp and MerVal 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 MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and MerVal.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. MerVal
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 1.95 times less return on investment than MerVal. But when comparing it to its historical volatility, SPTSX Comp is 8.31 times less risky than MerVal. It trades about 0.26 of its potential returns per unit of risk. MerVal is currently generating about 0.06 of returns per unit of risk over similar time horizon. If you would invest 2,909,585 in MerVal on May 26, 2018 and sell it today you would earn a total of 111,476 from holding MerVal or generate 3.83% return on investment over 30 days.