This module allows you to analyze existing cross correlation between Nasdaq and Madrid Gnrl. You can compare the effects of market volatilities on Nasdaq 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 Nasdaq with a short position of Madrid Gnrl. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and Madrid Gnrl.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 0.94 times more return on investment than Madrid Gnrl. However, Nasdaq is 1.06 times less risky than Madrid Gnrl. It trades about 0.5 of its potential returns per unit of risk. Madrid Gnrl is currently generating about 0.27 per unit of risk. If you would invest 695,996 in Nasdaq on December 22, 2017 and sell it today you would earn a total of 37,642 from holding Nasdaq or generate 5.41% return on investment over 30 days.