This module allows you to analyze existing cross correlation between NIKKEI 225 and MerVal. You can compare the effects of market volatilities on NIKKEI 225 and MerVal 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 NIKKEI 225 with a short position of MerVal. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and MerVal.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NIKKEI 225 is expected to generate 2.110997902786272E14 times less return on investment than MerVal. But when comparing it to its historical volatility, NIKKEI 225 is 2.237884972654779E14 times less risky than MerVal. It trades about 0.23 of its potential returns per unit of risk. MerVal is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest 2,697,898 in MerVal on October 20, 2017 and sell it today you would earn a total of 14,952 from holding MerVal or generate 0.55% return on investment over 30 days.