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.
|Time Horizon||30 Days Login to change|
Greece TR vs. Bovespa
Assuming 30 trading days horizon, Greece TR is expected to generate 1.44 times more return on investment than Bovespa. However, Greece TR is 1.44 times more volatile than Bovespa. It trades about 0.15 of its potential returns per unit of risk. Bovespa is currently generating about -0.24 per unit of risk. If you would invest 49,357 in Greece TR on May 26, 2018 and sell it today you would earn a total of 3,864 from holding Greece TR or generate 7.83% return on investment over 30 days.