This module allows you to analyze existing cross correlation between ISEQ and Stockholm. You can compare the effects of market volatilities on ISEQ 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 ISEQ with a short position of Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of ISEQ and Stockholm.
|Time Horizon||30 Days Login to change|
ISEQ vs. Stockholm
Assuming 30 trading days horizon, ISEQ is expected to under-perform the Stockholm. But the index apears to be less risky and, when comparing its historical volatility, ISEQ is 1.37 times less risky than Stockholm. The index trades about -0.71 of its potential returns per unit of risk. The Stockholm is currently generating about -0.22 of returns per unit of risk over similar time horizon. If you would invest 59,322 in Stockholm on May 22, 2018 and sell it today you would lose (2,171) from holding Stockholm or give up 3.66% of portfolio value over 30 days.