This module allows you to analyze existing cross correlation between MerVal and S&P 500. You can compare the effects of market volatilities on MerVal and SP 500 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 SP 500. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and SP 500.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to under-perform the SP 500. In addition to that, MerVal is 1.39 times more volatile than S&P 500. It trades about -0.16 of its total potential returns per unit of risk. S&P 500 is currently generating about 0.0 per unit of volatility. If you would invest 271,626 in S&P 500 on February 18, 2018 and sell it today you would lose (334.00) from holding S&P 500 or give up 0.12% of portfolio value over 30 days.