This module allows you to analyze existing cross correlation between SPTSX Comp and NYSE. You can compare the effects of market volatilities on SPTSX Comp and NYSE 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 NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and NYSE.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. NYSE
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.65 times more return on investment than NYSE. However, SPTSX Comp is 1.53 times less risky than NYSE. It trades about 0.21 of its potential returns per unit of risk. NYSE is currently generating about -0.03 per unit of risk. If you would invest 1,611,362 in SPTSX Comp on May 24, 2018 and sell it today you would earn a total of 33,648 from holding SPTSX Comp or generate 2.09% return on investment over 30 days.