This module allows you to analyze existing cross correlation between MerVal and IBEX 35. You can compare the effects of market volatilities on MerVal and IBEX 35 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 IBEX 35. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and IBEX 35.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 2.21 times more return on investment than IBEX 35. However, MerVal is 2.21 times more volatile than IBEX 35. It trades about -0.03 of its potential returns per unit of risk. IBEX 35 is currently generating about -0.26 per unit of risk. If you would invest 3,352,547 in MerVal on January 22, 2018 and sell it today you would lose (69,953) from holding MerVal or give up 2.09% of portfolio value over 30 days.