This module allows you to analyze existing cross correlation between MerVal and ATX. You can compare the effects of market volatilities on MerVal 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 MerVal with a short position of ATX. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and ATX.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 2.9789873132430756E14 times more return on investment than ATX. However, MerVal is 2.9789873132430756E14 times more volatile than ATX. It trades about 0.21 of its potential returns per unit of risk. ATX is currently generating about -0.11 per unit of risk. If you would invest 2,680,455 in MerVal on October 19, 2017 and sell it today you would earn a total of 46,275 from holding MerVal or generate 1.73% return on investment over 30 days.