This module allows you to analyze existing cross correlation between ISEQ and Madrid Gnrl. You can compare the effects of market volatilities on ISEQ 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 ISEQ with a short position of Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of ISEQ and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, ISEQ is expected to generate 0.95 times more return on investment than Madrid Gnrl. However, ISEQ is 1.06 times less risky than Madrid Gnrl. It trades about -0.22 of its potential returns per unit of risk. Madrid Gnrl is currently generating about -0.33 per unit of risk. If you would invest 715,750 in ISEQ on January 20, 2018 and sell it today you would lose (32,409) from holding ISEQ or give up 4.53% of portfolio value over 30 days.