This module allows you to analyze existing cross correlation between MerVal and DAX. You can compare the effects of market volatilities on MerVal and DAX 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 DAX. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and DAX.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 2.8581436903494856E14 times more return on investment than DAX. However, MerVal is 2.8581436903494856E14 times more volatile than DAX. It trades about 0.22 of its potential returns per unit of risk. DAX is currently generating about -0.03 per unit of risk. If you would invest 2,782,865 in MerVal on October 26, 2017 and sell it today you would lose (36,387) from holding MerVal or give up 1.31% of portfolio value over 30 days.