This module allows you to analyze existing cross correlation between NIKKEI 225 and Russia TR. You can compare the effects of market volatilities on NIKKEI 225 and Russia TR 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 Russia TR. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and Russia TR.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NIKKEI 225 is expected to generate 3.34 times less return on investment than Russia TR. In addition to that, NIKKEI 225 is 1.04 times more volatile than Russia TR. It trades about 0.23 of its total potential returns per unit of risk. Russia TR is currently generating about 0.8 per unit of volatility. If you would invest 101,411 in Russia TR on December 20, 2017 and sell it today you would earn a total of 15,842 from holding Russia TR or generate 15.62% return on investment over 30 days.