This module allows you to analyze existing cross correlation between Nasdaq and Stockholm. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and Stockholm.
|Time Horizon||30 Days Login to change|
Nasdaq vs. Stockholm
Assuming 30 trading days horizon, Nasdaq is expected to under-perform the Stockholm. In addition to that, Nasdaq is 1.81 times more volatile than Stockholm. It trades about -0.05 of its total potential returns per unit of risk. Stockholm is currently generating about 0.02 per unit of volatility. If you would invest 57,245 in Stockholm on March 26, 2018 and sell it today you would earn a total of 423.86 from holding Stockholm or generate 0.74% return on investment over 30 days.