This module allows you to analyze existing cross correlation between NIKKEI 225 and NZSE. You can compare the effects of market volatilities on NIKKEI 225 and NZSE 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 NZSE. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and NZSE.
|Time Horizon||30 Days Login to change|
Assuming 30 trading days horizon, NIKKEI 225 is expected to generate 2.87 times less return on investment than NZSE. In addition to that, NIKKEI 225 is 2.14 times more volatile than NZSE. It trades about 0.06 of its total potential returns per unit of risk. NZSE is currently generating about 0.38 per unit of volatility. If you would invest 806,333 in NZSE on February 15, 2018 and sell it today you would earn a total of 40,400 from holding NZSE or generate 5.01% return on investment over 30 days.