This module allows you to analyze existing cross correlation between Greece TR and Bovespa. You can compare the effects of market volatilities on Greece TR and Bovespa 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 Greece TR with a short position of Bovespa. See also your portfolio center. Please also check ongoing floating volatility patterns of Greece TR and Bovespa.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Greece TR is expected to generate 1.0 times more return on investment than Bovespa. However, Greece TR is 1.0 times less risky than Bovespa. It trades about -0.06 of its potential returns per unit of risk. Bovespa is currently generating about -0.09 per unit of risk. If you would invest 50,324 in Greece TR on October 23, 2017 and sell it today you would lose (1,001) from holding Greece TR or give up 1.99% of portfolio value over 30 days.