This module allows you to analyze existing cross correlation between SPTSX Comp and Russia TR. You can compare the effects of market volatilities on SPTSX Comp and Russia TR 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Russia TR.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. Russia TR
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.23 times more return on investment than Russia TR. However, SPTSX Comp is 4.39 times less risky than Russia TR. It trades about 0.14 of its potential returns per unit of risk. Russia TR is currently generating about -0.14 per unit of risk. If you would invest 1,616,231 in SPTSX Comp on May 20, 2018 and sell it today you would earn a total of 18,587 from holding SPTSX Comp or generate 1.15% return on investment over 30 days.