This module allows you to analyze existing cross correlation between Nasdaq and Russia TR. You can compare the effects of market volatilities on Nasdaq and Russia TR 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and Russia TR.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 1.77 times less return on investment than Russia TR. But when comparing it to its historical volatility, Nasdaq is 1.51 times less risky than Russia TR. It trades about 0.62 of its potential returns per unit of risk. Russia TR is currently generating about 0.73 of returns per unit of risk over similar time horizon. If you would invest 103,238 in Russia TR on December 24, 2017 and sell it today you would earn a total of 14,825 from holding Russia TR or generate 14.36% return on investment over 30 days.