This module allows you to analyze existing cross correlation between SPTSX Comp and Madrid Gnrl. You can compare the effects of market volatilities on SPTSX Comp and Madrid Gnrl 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 Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 3.45 times less return on investment than Madrid Gnrl. But when comparing it to its historical volatility, SPTSX Comp is 1.95 times less risky than Madrid Gnrl. It trades about 0.17 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.3 of returns per unit of risk over similar time horizon. If you would invest 102,692 in Madrid Gnrl on December 23, 2017 and sell it today you would earn a total of 3,321 from holding Madrid Gnrl or generate 3.23% return on investment over 30 days.