This module allows you to analyze existing cross correlation between SPTSX Comp and XU100. You can compare the effects of market volatilities on SPTSX Comp and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of SPTSX Comp and XU100.
|Time Horizon||30 Days Login to change|
SPTSX Comp vs. XU100
Assuming 30 trading days horizon, SPTSX Comp is expected to generate 0.2 times more return on investment than XU100. However, SPTSX Comp is 4.94 times less risky than XU100. It trades about 0.23 of its potential returns per unit of risk. XU100 is currently generating about -0.14 per unit of risk. If you would invest 1,607,567 in SPTSX Comp on May 25, 2018 and sell it today you would earn a total of 37,443 from holding SPTSX Comp or generate 2.33% return on investment over 30 days.