This module allows you to analyze existing cross correlation between IBEX 35 and Nasdaq. You can compare the effects of market volatilities on IBEX 35 and Nasdaq 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 IBEX 35 with a short position of Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of IBEX 35 and Nasdaq.
|Time Horizon||30 Days Login to change|
IBEX 35 vs. Nasdaq
Assuming 30 trading days horizon, IBEX 35 is expected to under-perform the Nasdaq. In addition to that, IBEX 35 is 2.09 times more volatile than Nasdaq. It trades about -0.06 of its total potential returns per unit of risk. Nasdaq is currently generating about 0.24 per unit of volatility. If you would invest 742,443 in Nasdaq on May 24, 2018 and sell it today you would earn a total of 26,839 from holding Nasdaq or generate 3.61% return on investment over 30 days.