This module allows you to analyze existing cross correlation between Nasdaq and XU100. You can compare the effects of market volatilities on Nasdaq and XU100 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 XU100. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and XU100.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 1.43 times more return on investment than XU100. However, Nasdaq is 1.43 times more volatile than XU100. It trades about -0.02 of its potential returns per unit of risk. XU100 is currently generating about -0.04 per unit of risk. If you would invest 741,116 in Nasdaq on January 25, 2018 and sell it today you would lose (7,377) from holding Nasdaq or give up 1.0% of portfolio value over 30 days.