This module allows you to analyze existing cross correlation between Nasdaq and ATX. You can compare the effects of market volatilities on Nasdaq and ATX 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 Nasdaq with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and ATX.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 0.89 times more return on investment than ATX. However, Nasdaq is 1.13 times less risky than ATX. It trades about 0.1 of its potential returns per unit of risk. ATX is currently generating about -0.14 per unit of risk. If you would invest 662,422 in Nasdaq on October 18, 2017 and sell it today you would earn a total of 8,199 from holding Nasdaq or generate 1.24% return on investment over 30 days.