This module allows you to analyze existing cross correlation between MerVal and Nasdaq. You can compare the effects of market volatilities on MerVal and Nasdaq 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 Nasdaq. See also your portfolio center. Please also check ongoing floating volatility patterns of MerVal and Nasdaq.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, MerVal is expected to generate 3.153721069796471E14 times more return on investment than Nasdaq. However, MerVal is 3.153721069796471E14 times more volatile than Nasdaq. It trades about 0.22 of its potential returns per unit of risk. Nasdaq is currently generating about 0.22 per unit of risk. If you would invest 2,778,260 in MerVal on October 22, 2017 and sell it today you would lose (65,410) from holding MerVal or give up 2.35% of portfolio value over 30 days.