This module allows you to analyze existing cross correlation between NIKKEI 225 and Stockholm. You can compare the effects of market volatilities on NIKKEI 225 and Stockholm 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 Stockholm. See also your portfolio center. Please also check ongoing floating volatility patterns of NIKKEI 225 and Stockholm.
|Time Horizon||30 Days Login to change|
NIKKEI 225 vs. Stockholm
Assuming 30 trading days horizon, NIKKEI 225 is expected to generate 1.5 times less return on investment than Stockholm. In addition to that, NIKKEI 225 is 1.22 times more volatile than Stockholm. It trades about 0.02 of its total potential returns per unit of risk. Stockholm is currently generating about 0.04 per unit of volatility. If you would invest 57,245 in Stockholm on March 25, 2018 and sell it today you would earn a total of 834.74 from holding Stockholm or generate 1.46% return on investment over 30 days.