This module allows you to analyze existing cross correlation between SPTSX Comp and Stockholm. You can compare the effects of market volatilities on SPTSX Comp and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Stockholm.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.71 times more return on investment than Stockholm. However, SPTSX Comp is 1.4 times less risky than Stockholm. It trades about -0.11 of its potential returns per unit of risk. Stockholm is currently generating about -0.16 per unit of risk. If you would invest 1,550,817 in SPTSX Comp on February 22, 2018 and sell it today you would lose (28,443) from holding SPTSX Comp or give up 1.83% of portfolio value over 30 days.